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Bitcoin Dominance Bullish Pattern
Market Cap BTC Dominance, %
Long
Bitcoin Dominance Bullish Pattern
By AlanSantana
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Jan 8, 2022
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Jan 8, 2022
The most reliable pattern of all is the falling wedge.
We see this pattern forming over and over before a bullish breakout and it works to predict a reversal most of the time.
Bitcoin Dominance Aims Higher
We have 4 green candles the last four days and some more bullish signals.
There is bullish divergence with the MACD and RSI compared to September 2021.
Yesterday, BTC.D managed to close above EMA10 while EMA21 is being challenged today.
We have a falling wedge pattern.
Things are looking good above "Support".
Namaste.
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