Trader6127

Bitcoin Dominance | Continuation and Altcoin Risk-off?

Long
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Bitcoin dominance looks like its getting ready to resume the trend upward. Its not quite following our previous projection, but the break out from the descending wedge pattern will keep the chart bright until we see some major breakdown or weakness.

1) We see lots of upside due to the size of the descending wedge.
2) RSI forming falling wedge reversal
3) Candles consolidating above support.

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