The dominance of Bitcoin is growing. When Bitcoin is growing - altcoins are growing less or without rising. Bitcoin falls - alts fall even more.
Paired with ETHBTC, we see a Wyckoff Distribution Schematic #2. We are currently in Phase D. The price is approaching a support zone. Most likely, there will be some descending trading near this zone. We will form LPST (a last point of supply) and SOW (a sign of weakness). Next, we are waiting for Phase E.
Best regards,
EXCAVO
Paired with ETHBTC, we see a Wyckoff Distribution Schematic #2. We are currently in Phase D. The price is approaching a support zone. Most likely, there will be some descending trading near this zone. We will form LPST (a last point of supply) and SOW (a sign of weakness). Next, we are waiting for Phase E.
Best regards,
EXCAVO
Note
now 0.05372 looks bearishTrade closed: target reached
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Join the Crypto Trading Tournament ICTI 2025
whitebit.com/a/excavo
Trade Forex
go.tradenation.com/visit/?bta=37220&brand=tradenation
All info
excavo.carrd.co/
t.me/EXCAVOACADEMY
t.me/excavochannel
whitebit.com/a/excavo
Trade Forex
go.tradenation.com/visit/?bta=37220&brand=tradenation
All info
excavo.carrd.co/
t.me/EXCAVOACADEMY
t.me/excavochannel
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.