Hi Everyone
If you're into highly technical analysis, this one is for you.
The question/objective of this analysis for me was: "how far are we away from BTC top?"
In short - It seems likely for one more push from Bitcoin's side. By using fractals we get a probable percentage of around 12%.
During this time, alts other that ETH might bleed. Why other than ETH? Because we see a W-Bottom chart pattern on the ETHBTC chart, indicating ETH is warming up to gain some ground on Bitcoin. This usually signals the final moments of a BTC rally.
In this video, some of the things we discuss include:
- Bitcoin dominance chart, we use phoenix ascending fractals to get a percentage
- ETHBTC chart, we use fractals to determine when a rally is nearby and we see a W-Bottom
Follow here for daily updates
Best Regards
Ev
If you're into highly technical analysis, this one is for you.
The question/objective of this analysis for me was: "how far are we away from BTC top?"
In short - It seems likely for one more push from Bitcoin's side. By using fractals we get a probable percentage of around 12%.
During this time, alts other that ETH might bleed. Why other than ETH? Because we see a W-Bottom chart pattern on the ETHBTC chart, indicating ETH is warming up to gain some ground on Bitcoin. This usually signals the final moments of a BTC rally.
In this video, some of the things we discuss include:
- Bitcoin dominance chart, we use phoenix ascending fractals to get a percentage
- ETHBTC chart, we use fractals to determine when a rally is nearby and we see a W-Bottom
Follow here for daily updates
Best Regards
Ev
Discord Server
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Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
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.
Discord Server
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
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.