BTC Dom is following a Descending Broadening Wedge pattern and it has big chance to pump to 76% Dom if breaks this pattern at 69% And after hit 76%, it also can pump and break this level and move fast to 80% or even 90% So be careful!
Bitcoin dominance gap fill Filling a gap while it prepares a bullish move with the formation of a wedge trading along spiral
bitcoin dominance fractal Still room to move up within the rising wedge on BTC. Possibly fill a gap.
The macd indicator has produced a hidden bullish divergence, producing lower lows while price produces higher lows. This could lead to an 'altcoin purge' if this hidden divergence holds and dominance is pushed high enough. Do your research!
A bullflag has formed on bitcoin dominance it has formed between an EMA level and a MA level, which looks quite satisfying. A breakout of this flag would push dominance up to roughly ~68% at the purply grey EMA level. Personally i think bitcoin dominance will eventually < over time, as alt coin projects gain public attention and get off the ground.
Strong linear regression uptrend, likely this will hold pre and through halving. This is easily mistaken as bearish, but LR shows otherwise.
Just like 2017, the altcoin season won't come slowly, it'll be a sudden rush and inflow of money. We all know that we've topped out at 73% in the fall last year, and now we're just coasting below the big resistance level at 70% dominance. There is no more support until we get an alt season, please take a look at how crazy those candles look in the past week,...
RSI is seen to be rising, with one more spike until it enters ovebought area, this may influence price and cause one more leg up before alt dominance begins to rise. Can to be seen to have formed a rising wedge.
Possible early H&S or a double bull flag. Hard to tell.
Surprisingly a strong linear regression trend can be drawn from the weekly chart on BTC.D, 0.92. Continuation of this upward trend is most likely now that the price has broken above the immediate resistance zone.
Just a quick BTC .D fractal demonstrating the potential reversal point of the current short term uptrend. May reach 70+ before this occurs.
Possible short term reversal at 0.618 fib level. Learning these fib levels. 0.79 Regression downtrend.
The Market Cap BTC Dominance has hit the resistance at 72.83 which is not broken since July 2017 and likely to fail in breaking out. Volume profile since july 2017 upto now is showing less interest of traders at resistance level. The RSI is overbought. Stochastic has given bear cross from overbought zone. MACD turned strong bearish. Lagging span of ichimoku cloud...
BTC Dominance is on a downtrend to 57.34%, down nearly 4%, expected to hit the bottom on 27 JUne, which is almost 10 days from now With this reduction, this is a great opportunity for Altcoin to increase strongly to 30-50%. Quickly buy Altcoins according to my signals so as not to miss this opportunity However, everything is possible, if BTC Dom returns to its...