ETH.D
As Bitcoin Dominance dumps, ETH Dominance has begun to pump.
Interesting to note that it has begun to pump almost exactly as the Bitcoin halving passes.
And so it is looking more likely that a bullish Wyckoff ST Secondary Test has just passed - a weak lower low.
There has been plenty of bullish divergence through this area, so now it is breaking out, it is much more likely that we could be beginning Phase 2 of The Path To Altseason - right here.
This is obviously quite confusing with stock indexes printing high momentum bearish candles as well as dollar and yields pushing up.
But this could be part of the market movers strategy to flow into the next market phase at a precarious moment.
We just have to stay nimble, remain focused to and do the chart work 😼.
Not advice
As Bitcoin Dominance dumps, ETH Dominance has begun to pump.
Interesting to note that it has begun to pump almost exactly as the Bitcoin halving passes.
And so it is looking more likely that a bullish Wyckoff ST Secondary Test has just passed - a weak lower low.
There has been plenty of bullish divergence through this area, so now it is breaking out, it is much more likely that we could be beginning Phase 2 of The Path To Altseason - right here.
This is obviously quite confusing with stock indexes printing high momentum bearish candles as well as dollar and yields pushing up.
But this could be part of the market movers strategy to flow into the next market phase at a precarious moment.
We just have to stay nimble, remain focused to and do the chart work 😼.
Not advice
I'm somewhat quiet on TView for now but you can find me pumping content every day in my Telegram Trading Group 🧐
Part 2 of the fortnight video now uploaded to the group: 27th May - Crypto focus😼.
$50 per month 👍🏻.
Contact: t.me/dRends35
Part 2 of the fortnight video now uploaded to the group: 27th May - Crypto focus😼.
$50 per month 👍🏻.
Contact: t.me/dRends35