You read correctly. Bitcoin dominance is about to crushed. Crushed all the way down to 10%. A first in the history of Bitcoin. What is the evidence for all of this?
It is my guess not many folks study the 2-month chart given the amount of 4-hour or 15 minute ideas I see on Tradingview! However sometimes zooming out for the bigger picture is really fascinating.
Each candle on the above chart is 2-months of data. Have been studying for a little while but reluctant to publish until I saw confirmation of the breakout. May 1st is upon us and the current candle will be considered ‘printed’ by tomorrow. That now makes the target highly probable. The evidence:
1) We have a flagpole + bull flag
2) We have a breakout of the bull flag + volume.
3) According to geometry, the flagpole length as measured from the bull flag breakout takes alt-market dominance to 90%.
4) Stochastic RSI crosses up 20 having crossed down 80 back in September 2017!!
The gains in the months ahead will be life changing.
WW
It is my guess not many folks study the 2-month chart given the amount of 4-hour or 15 minute ideas I see on Tradingview! However sometimes zooming out for the bigger picture is really fascinating.
Each candle on the above chart is 2-months of data. Have been studying for a little while but reluctant to publish until I saw confirmation of the breakout. May 1st is upon us and the current candle will be considered ‘printed’ by tomorrow. That now makes the target highly probable. The evidence:
1) We have a flagpole + bull flag
2) We have a breakout of the bull flag + volume.
3) According to geometry, the flagpole length as measured from the bull flag breakout takes alt-market dominance to 90%.
4) Stochastic RSI crosses up 20 having crossed down 80 back in September 2017!!
The gains in the months ahead will be life changing.
WW
Trade active
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR