Ethereum Setting up for blue sky break out.
RIGHT now were are at resistance for the Eth dominance. We might pull back here hence resistance, and even consolidate for the rest of the week or 2-3 days. My guess is any pull backs will get bought back up on the higher timeframes
Here we have a blue sky break out about to begin on the Eth dominance chart.
If we get a clean breakout expect money to flow out of btc into Eth.
So bitcoin dominance would go sideways and or grind down some
Not sure about total market cap but were hovering above 1 billion slightly. My guess is total market cap consolidates before moving onward.
And then we get to see what happens with alt season.
Here we have a blue sky break out about to begin on the Eth dominance chart.
If we get a clean breakout expect money to flow out of btc into Eth.
So bitcoin dominance would go sideways and or grind down some
Not sure about total market cap but were hovering above 1 billion slightly. My guess is total market cap consolidates before moving onward.
And then we get to see what happens with alt season.