BTC Dominance
Hi traders and investors,
Since January the chart formed a bullish structure with higher highs and lower lows.
If we don't hold the following higher low we can see an altseason.
The price is under 21 WEMA so can be an ideal scenario which can play.
Trying to use oscillators but is not best practice for charts like dominance.
Oscillators are bearish on weekly timeframe so can support idea for an altseason.
Some altcoins vs BTC looks extremely nice (for example BNB/BTC which looks primed for breakout to ATH, or forming a nice distribution we'll see)
Since January the chart formed a bullish structure with higher highs and lower lows.
If we don't hold the following higher low we can see an altseason.
The price is under 21 WEMA so can be an ideal scenario which can play.
Trying to use oscillators but is not best practice for charts like dominance.
Oscillators are bearish on weekly timeframe so can support idea for an altseason.
Some altcoins vs BTC looks extremely nice (for example BNB/BTC which looks primed for breakout to ATH, or forming a nice distribution we'll see)
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