BTC.D

מעודכן

As long as the dominance fluctuates in the bullish channel we are in an uptrend on dominance.it could cause some retracement in BTC price tho.

הערה

we had a pulse in dominance which cause a correction in BTC price.

BTC is recovering so there is the possibility for Dominance to make another downtrend pattern in small time frames

הערה

as BTC is recovering the dominance correcting

הערה

something we have to consider :

as I see we have 2 channels involve in the BTC.D these days.
1- bullish purple
2- static yellow

as I see we have 2 good support and 2 good resistance for Dominance to react on them if It reaches each of them.

הערה

another important thing is we are in a triangle, which means breaking out from each side COULD cause a sharp movement to the target area

in which scenario the BTC price will heavily affect.

and that will be the real BULL/BEAR market for a couple of months.

הערה

the struggle between EMA 50 and 200 continues

let's see which one will win this fight

הערה

going up from this stage is kinda messy. need a little rest to continue,

however its kinda tricky not to say we didn't saw the expanding triangle

הערה

it could be a simple pullback, not sure .

if breaks the white line will fall to the red one

הערה

reacted to the white line but still continue

עסקה סגורה: היעד הושג

the first target fulfilled

The second will be soon.

we will have a restacement then

הערה

dominance update will continue in another idea

ZorgOros

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