Ss2017

BTC.D Wave Analysis

Short
Ss2017 Updated   
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
It seems altcoins season is around the corner. I'll be looking out for 45 - 46% level (end of current wave E) for a reversal of the current bullish trend in dominance. The resulting bearish trend may take us to about 37%. In the meantime, I am cautiously looking for good trade set-ups in altcoins.
Comment:
Altcoin season came earlier than I thought but I'll take that all day. Let's hope for eventual collapse of the dominance to around 38% in the coming weeks.
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