BTC dominance bounced from the potential reversal zone of bullish bat pattern and currently in the overbought region with a possibility of forming a double top pattern.
Currently it is trading above the horizontal support, which is also the neckline of double top, breakdown of the neckline, while BTC consolidates or pumps would be a bullish sign for ALTS.
Further pump in BTC dominance and a drop in the price of BTC would be a bearish sign for ALTS.
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- Med Signals®
Currently it is trading above the horizontal support, which is also the neckline of double top, breakdown of the neckline, while BTC consolidates or pumps would be a bullish sign for ALTS.
Further pump in BTC dominance and a drop in the price of BTC would be a bearish sign for ALTS.
➖➖➖➖➖➖➖
- Med Signals®