Bitcoin Dominance | Reversal Structure
Dominance showing pattern which can be recognised as Head and Shoulders.
Projected target from neckline should be near 63-60% dominance. Projected period for decrease until March of 2020, with peak bottom at February 2020.
Also targets match retracement levels of Fibonacci.
Finally, Shitcoins Time?!
Projected target from neckline should be near 63-60% dominance. Projected period for decrease until March of 2020, with peak bottom at February 2020.
Also targets match retracement levels of Fibonacci.
Finally, Shitcoins Time?!
Comment:
BTW this idea is related to Bitcoin chart analysis which you can find below:
Comment:
On altcoins we see flash selloff. Dominance opens above resistance.
Trade active:
It some kind of bug on tradingview, it always shows different numbers on dominance, checked again and seems like it didn't go out from resistance. so everything is fine
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