Bitcoin Dominance: Elliott Wave and Harmonics Combo
Aktualisiert
Bitcoin Dominance ( BTC.D) is giving a fantastic trading setup.
It's preparing a BIG Bullish Swing.
From an Elliott Wave point of view, a bullish Impulse Wave is about to start.
In this case I'm talking about Super-Cycle (C) (turquoise).
Moving on to Harmonic Patterns, there are two:
The smaller one is the Bullish Shark, which is preparing its completion.
The second one, and the bigger view, is the Cypher Pattern, which will commence one the Shark is done.
So, bottom line: BTC.D is gonna start flying, and will push the Crypto market into a fantastic Bull Cycle.
Bitcoin Dominance ( BTC.D ) Technical Analysis:
* Elliott Wave Impulse: Super-Cycle (C) (turquoise)
* Harmonic Pattern: Bullish Shark
* Harmonic Pattern: Bullish Cypher
* Double Bottom
* Bullish Divergence
* 88.6% Fibonacci Retracement
* 61.8% Fibonacci Extension
* Demand Zone
Conclusion: Bitcoin (BTCUSD) is and always will be the one and only driver of the Crypto Markets.
It's preparing a BIG Bullish Swing.
From an Elliott Wave point of view, a bullish Impulse Wave is about to start.
In this case I'm talking about Super-Cycle (C) (turquoise).
Moving on to Harmonic Patterns, there are two:
The smaller one is the Bullish Shark, which is preparing its completion.
The second one, and the bigger view, is the Cypher Pattern, which will commence one the Shark is done.
So, bottom line: BTC.D is gonna start flying, and will push the Crypto market into a fantastic Bull Cycle.
Bitcoin Dominance ( BTC.D ) Technical Analysis:
* Elliott Wave Impulse: Super-Cycle (C) (turquoise)
* Harmonic Pattern: Bullish Shark
* Harmonic Pattern: Bullish Cypher
* Double Bottom
* Bullish Divergence
* 88.6% Fibonacci Retracement
* 61.8% Fibonacci Extension
* Demand Zone
Conclusion: Bitcoin (BTCUSD) is and always will be the one and only driver of the Crypto Markets.
Anmerkung
Anmerkung
BTC TOTAL gonna' push BTC to the limits...Anmerkung
BTC will make a Correction: watch out!After that, Bitcoin Interstellar.
Anmerkung
BTC Dominating the Crypto Space.After a short-lived drop, it will continue with a well-remembered Cycle.
Anmerkung
As it stands now, BTC Dominance is telling me ALTS are next.Anmerkung
BTC Dominance is ready to provide a Correction.
This will pave the way for ALTS.
Trade geschlossen: Ziel wurde erreicht
BTC Dominance started a 38.2% Correction.
I am cashing in on the BTC Longs for now.
Expecting a significant drop in Bitcoin to start now.
Time to wait and come back later.
Anmerkung
Correction in play for BTC.D .
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