Hi All,
This structure does indicate a macro reversal for BTC dominance.
From yesterday to today, we got a 15% move from BTC and its probably the largest 1 day candle in over a year.
That along with a potential pullback will enable BTC to do this.
So be careful and look for a macro top, cold probably go to 45.5 to 46.5k or 47k neckline and then a reversal which will explain this BTC dominance and for now, a bit of an ALT rally.
All the best,
S.SAri
This structure does indicate a macro reversal for BTC dominance.
From yesterday to today, we got a 15% move from BTC and its probably the largest 1 day candle in over a year.
That along with a potential pullback will enable BTC to do this.
So be careful and look for a macro top, cold probably go to 45.5 to 46.5k or 47k neckline and then a reversal which will explain this BTC dominance and for now, a bit of an ALT rally.
All the best,
S.SAri
Note
Note
It seems it will break this channel soon to the upside and into that resistance
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.