Dominance And Alt-Party? 🎉🥳

2021年9月4日

Hi everyone 👋🏽

🕊 Wish y'all have a profitable lifestyle 🍀

📌 BTC.D Weekly chart

📌 Price Action with Wave Analysis.

📍 Today I would like to talk and discuss more about the Bitcoin's dominance which has such a very complicated form...

📍 First off, in the weekly time-frame we can see a potential triangle with reasonable confirmations, like the re-tests and reactions to the triangle tend-lines as well as a POTENTIAL double bottom which can lead to a short to mid-term uptrend movement and be a confirmation for the POTENTIAL "D" wave.

✍🏼 I can clearly read from chart the upcoming dates are very important for Bitcoin's dominance and others dominance.

✍🏼 We may have 2 scenarios;

-----------> End of the current wave (C) so it means that we may receive more confirmations for (D) wave and start of new cycle
-----------> Continuing this wave which can change the whole game and cancel the TRIANGLE movement

To be continued ...

2021年9月4日

註釋

✍🏼If this E-wave is accurate we may have already finished the 5th Wave (which is not in my opinion very common); or we may continue to go deeper and deeper in the dominance to the levels noticed .

2021年9月4日

註釋

Based on RSI, we are nothing like to close to have a reversal here; which make decisions very very complicated

2021年9月4日

註釋

Even based on Phoenix Ascending, we may go deeper in dominance by watching the guard and sharp downfall of the Green and red lines

2021年9月4日

註釋

⚠️ I personally think that we are in a very complicated situation right now and we can not comfortably decide on the future of Bitcoin and others dominance

🧐 What do y'all think about this situation?

Shall we trade BTC Based or ALT coin based

2021年9月21日

交易進行

A double bottom may be created in the dominance chart.