$XRPUSD printing bullish chart on weekly. With BTC testing resistance, alts major are going to make a comeback both on USD and BTC charts.. I feel smart money will flow in majors like $ETH, $XRP, $BCH.
- broke out above resistance of 58.something ... on it's way to have a daily closing above 60 today or tomorrow.
- still moving in a symmetrical triangle
- next resistance 62. something...
- i feel BTC would touch 10K and confluence with btc dominance at resistance 62 levels
- rejection at both levels giving room to alts to breathe. another mini altzseason...
I feel we are at a near bottom on ETHBTC with support at 0.618 FIB of the move from 0.025 to 0.035 at 0.028500 levels(approximate levels)... Only a close above 0.032 would mark the beginning of trend reversal followed by a substantial upmove. fingers crossed
So, here is my view. BTC dominance falling after touching 62 odd levels. IMO if it breaks 57.5 and closes below on daily may
kickstart push altseason through the roof. i am not expecting it to break trendline on weekly i.e. around 54 levels... if it breaks, expect the shitcoins to go 2X, 3X within days. fingers crossed
MATICBTC i guess has broken out of falling wedge on H4. BTC dominance is falling currently signalling the full blown altseason. We know shitcoins pump the hardest. matic may ultimately test 540 sats i.e. approx 120%