Dominance chart in large time frames seem very bearish. If we analyze the charts in weekly or 2 weeks time frame, we can see that the indicators are completely BEARISH.
In weekly time frame, Gaussian channel is supposed to be lost soon and Alligator is crossing down.
Another interesting indicators that has been playing out perfectly so far is Hash Ribbons. When it reached 231 days exactly like in 2017, we had the first leg down. Now it is near to hit 287 days and the third leg down may be very near.
Another point that is important to observe is the TOTAL2 chart, which broke previous ATH and now is making a pullback (see my TOTAL2 chart).
In 2 weeks time frame MACD made a lower high and is crossing to red zone. Stochastic and RSI has a lot of room to drop down.
In my opinion, the big altseason is near to start.
In weekly time frame, Gaussian channel is supposed to be lost soon and Alligator is crossing down.
Another interesting indicators that has been playing out perfectly so far is Hash Ribbons. When it reached 231 days exactly like in 2017, we had the first leg down. Now it is near to hit 287 days and the third leg down may be very near.
Another point that is important to observe is the TOTAL2 chart, which broke previous ATH and now is making a pullback (see my TOTAL2 chart).
In 2 weeks time frame MACD made a lower high and is crossing to red zone. Stochastic and RSI has a lot of room to drop down.
In my opinion, the big altseason is near to start.