First of all, pay attention to the time frame, The time frame is 12H
It looks like this rising wave (big D) is a diametric with the remaining g wave.
Expect to go up to two red lines to complete the g wave. When this wave is completed, we may see deep drops in Bitcoin Dominance.
Because a large degree pattern may be completed and then we enter the large bearish branch of the E wave.
We have to see if we will have an X wave behind this diametric. If there is no wave X, the Bitcoin Dominance drop will be very deep!
It looks like this rising wave (big D) is a diametric with the remaining g wave.
Expect to go up to two red lines to complete the g wave. When this wave is completed, we may see deep drops in Bitcoin Dominance.
Because a large degree pattern may be completed and then we enter the large bearish branch of the E wave.
We have to see if we will have an X wave behind this diametric. If there is no wave X, the Bitcoin Dominance drop will be very deep!
Trade active
It reached the desired supply, and that's why Bitcoin had a lot of sharp movements. This resistance is strong and serious.Some altcoins may be pumped.
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Disclaimer
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