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BTCookieMonster
Aug 13, 2019 11:32 PM
BTC Crypto Market Cap Dominance - Decline in sight
CRYPTOCAP:BTC.D
5D
Market Cap BTC Dominance, %
CRYPTOCAP
Description
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Aug 13, 2019 11:32 PM
BTC dominance appears to be within a Bearish Pennant...
This is my current count here...
Also within a Rising Wedge...
5Day Bearish Divergence with Declining Volume at the top of the trend line...
I expect BTC to decline in dominance within the Crypto Market cap within weeks if not days.
Comment
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Aug 19, 2019 2:01 AM
Just noticed this gap on the 4Hour chart which has since been partially filled
Comment
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Aug 19, 2019 1:11 PM
At some point, sooner than later, this build up of Bearish Divergence with declining buy volume breaks down
Comment
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Sep 7, 2019 11:37 AM
Yesterday may have been the top...
Comment
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Sep 8, 2019 12:24 PM
Comment
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Sep 17, 2019 9:29 PM
Commence breakdown...
Trend Analysis
Chart Patterns
Wave Analysis
BTC
BTCUSD
Bitcoin (Cryptocurrency)
bitcoindominance
Bearish Pennant
decliningvolume
bearishdivergence
abcpattern
Comments
JesusGirlJen
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Aug 14, 2019 1:03 AM
Hopefully days
Damians
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Aug 14, 2019 12:51 AM
There is strong bearish bias in this post ...
BTCookieMonster
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Aug 15, 2019 2:29 PM
@Damians
, time will tell
TWIMARKETCAP
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Aug 14, 2019 12:16 AM
@BTCookieMonster
hi, do you see that big upside down H&S? will send it towards 80%-95%
BTCookieMonster
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Aug 15, 2019 2:29 PM
@TWIMARKETCAP
, I do not see an Inverse Head & Shoulders here
TWIMARKETCAP
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Aug 15, 2019 2:32 PM
@BTCookieMonster
, check it out, maybe I am wrong. let me know
BTCookieMonster
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Aug 19, 2019 1:14 PM
@TWIMARKETCAP
, While the pattern does appear there, the volume requirement for it is not. Volume should be greatest on the left shoulder first and foremost...but its crypto so- anything can happen.
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