#BTC Dominance
BTC Dominance in 4H and Daily timeframe crossed down all support zone in ichimoku system (Tenkan, Kijun and kumo cloud), But in daily timeframe is still above an upward trend line.
#BTC Price
BTCUSDT price in 4H timeframe also, crossed down all support zone in ichimoku system (Tenkan, Kijun and kumo cloud),
on the other hand, BTCUSDT price in Daily timeframe is reacting to BASELINE (Kijun) and is oscillating in a triangular pattern;
*There is a main PRZ(Support) zone in 32,000-32,600.
Considering the triangular pattern and downward trend in BTC Dominance in short term, BTC price will oscillating in 32,000-36,000 within next week;unless we see a powerful movement in upward direction.
BTC Dominance in 4H and Daily timeframe crossed down all support zone in ichimoku system (Tenkan, Kijun and kumo cloud), But in daily timeframe is still above an upward trend line.
#BTC Price
BTCUSDT price in 4H timeframe also, crossed down all support zone in ichimoku system (Tenkan, Kijun and kumo cloud),
on the other hand, BTCUSDT price in Daily timeframe is reacting to BASELINE (Kijun) and is oscillating in a triangular pattern;
*There is a main PRZ(Support) zone in 32,000-32,600.
Considering the triangular pattern and downward trend in BTC Dominance in short term, BTC price will oscillating in 32,000-36,000 within next week;unless we see a powerful movement in upward direction.
Comment:
#####BTC Dominance in 4H timeframe crossed down all support zone in ichimoku system (Tenkan, Kijun and kumo cloud), But in daily timeframe is still above an upward trend line .