this is an analysis of others.d monthly time frame. in my opinion, this chart shows perfect fib 0.5 retrace and this wave we have a high probability to reach targeted 0.618 level, as we know this is cryptocurrency market cap without BTC, so we can think if this reach targets, we will see a huge gain in ALTS
This is a chart for OTHERS dominance, which encompasses much of the altcoin market
Using the periods of bear action we can draw circles, that show clear similarities between each bear section
This suggests a price spike (price is creeping up) to the yellow circle, as was seen in the first circle
OTHER.D is trading within a descending wedge.
Watch for a breakout above the trendline.
BTC.D could be at a local top and encounter resistance and cool down while some funds move from BTC to ALTs.
Most of us live an office life, working at 9am in the morning, leaving at 5pm. But why are so many people still successful, while you are stuck in the same place with a boring repetitive job?
The answer is that they find joy in seemingly boring work and enjoy that joy while working. Don't turn yourself into a mindless work machine, all successful people seem to...
We confirmed an inverted HS on the weekly chart here that took alt dominance to a new ATH, but hasn't yet reached its minimum target (the first yellow arrow up). We've stopped and consolidated right at the mid-point and should soon find out if we're going to continue towards that target.
If we break that target, the next two targets would be the next mid-point...
Looks like Others Dominance is near resistance of parallel channel,also a fractal from 2017-2019 shows it is time of dropping altcoins. so I prefer minimize my portfolio and set tight stop loss.