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rs25subaru

BTC Dominance in falling wedge/triangle formation

Market Cap BTC Dominance, % (CRYPTOCAP:BTC.D)  
rs25subaru Updated   
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Trend Analysis
4
0
trendanalysis
Typically these formations break to the upside but I am just not feeling it with this formation. It "should" have broken to the upside if it was a descending triangle as they usually break up around 60-80% mark. Side note: this formation is forming inside a GIANT rising wedge which tend to break to the downside.
Comment:
Looks like BTC.D has dipped below the long term trend line on the bottom of the rising wedge. Will it significantly fall?
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