This analysis is an update of the analysis you see in the "Related publications" section
A sharp drop occurred after hitting the red box, indicating a post-pattern movement.
A structural change has occurred in higher timeframes, and the trendline has been lost. We do not expect a higher high (H) from Bitcoin dominance.
With a pullback to higher areas, it could experience more drops, considering that Bitcoin has been solidifying around important supply zones. With the decline in Bitcoin dominance, we expect a good altseason in crypto.
The timeframe is 3 days, and this altseason could last for several months.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
A sharp drop occurred after hitting the red box, indicating a post-pattern movement.
A structural change has occurred in higher timeframes, and the trendline has been lost. We do not expect a higher high (H) from Bitcoin dominance.
With a pullback to higher areas, it could experience more drops, considering that Bitcoin has been solidifying around important supply zones. With the decline in Bitcoin dominance, we expect a good altseason in crypto.
The timeframe is 3 days, and this altseason could last for several months.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔆To succeed in trading, just enter our Telegram channel:
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.