#BTC Dominance broke down, ALT SEASON Incoming?

Welcome to this quick update, everyone.
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I also post altcoin setups on Spot, Margin, and Futures.
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Links are given just below this update.

let's get to the chart.
the dominance followed my previous analysis perfectly and broke down below the triangle.
We can already see the effect in the market with all those green altcoins in both USDT and BTC Pairs!
however, it's important for us to analyze from every aspect of a chart.
We need the dominance to break and close below this 100D MA.
It's an important factor to trigger the Altseason.
keep an eye on it. After the possible breakdown, we will have a retest, that will be the right time to enter altcoins in BTC pairs especially in Red!
The breakdown target happens to be somewhere around 39.xx levels.



What's your thought on this?

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#PEACE


Trade active:

Dominance broke down and followed our speculated move exactly as shown in my last chart!
I expect the dominance to break to the downside, Reasons:-

1. Ascending Wedge Formation.
2. Broke below the Triangle with perfect retest and continuation.

Two more reasons, click on the chart below to read the complete analysis part II .