BTC Dominance (Prj.Y19.P2.E1).Near reversal zone
A number of points to make.
> Descending wedge in play with the probability or likelyhood to break out on the upside
> Previous descending wedge did break up
> EMA ribbon is hinting a constriction and a breakout near
> We have a double bottom with an acting support line from the previous resistance, as per the red zone\line at 68.2%
Its possible that its already broken out
Close up view
Macro view on the 4 HRLY
We have the 20, 100 and 200 EMA's on the 4 HRLY
Daily chart view
> Descending wedge in play with the probability or likelyhood to break out on the upside
> Previous descending wedge did break up
> EMA ribbon is hinting a constriction and a breakout near
> We have a double bottom with an acting support line from the previous resistance, as per the red zone\line at 68.2%
Its possible that its already broken out
Close up view
Macro view on the 4 HRLY
We have the 20, 100 and 200 EMA's on the 4 HRLY
Daily chart view
Comment:
Fib fan perspective on the DAILY
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Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
