Hello, Skyrexians!
It's very important when BTC, USDT and
OTHERS.D dominances analysis perfectly matches with each other. I bet for Bitcoin and Tether dominance growth in the upcoming weeks and dump for altcoins.
Let's take a look at the 2 days time frame. Price was not even able to reach 0.38 Fibonacci level, but reached wave 4 top inside wave 3. In conjunction with zero line cross on Awesome Oscillator it's enough to say that we are in the wave 5 now. This dump will continue at least 7.5% low retest with the maximum target at 6.7%.
Very important, I see significant sentiment shift from bullish to bearish. When such article like this will collect more support than hate altseason will be ver close!
My previous analysis which played out well:
Best regards,
Ivan Skyrexio
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
It's very important when BTC, USDT and
OTHERS.D dominances analysis perfectly matches with each other. I bet for Bitcoin and Tether dominance growth in the upcoming weeks and dump for altcoins.Let's take a look at the 2 days time frame. Price was not even able to reach 0.38 Fibonacci level, but reached wave 4 top inside wave 3. In conjunction with zero line cross on Awesome Oscillator it's enough to say that we are in the wave 5 now. This dump will continue at least 7.5% low retest with the maximum target at 6.7%.
Very important, I see significant sentiment shift from bullish to bearish. When such article like this will collect more support than hate altseason will be ver close!
My previous analysis which played out well:
Best regards,
Ivan Skyrexio
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
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Claim up to 600 USDT in welcome rewards & compete for a share of 5,000 USDT in BitMart Futures Contest!
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➡ Join Contest: bitmart.com/futures-competition/Skyrexio/en-US
➡ Register & Claim Bonus: bitmart.com/invite/VShg8M
➡ Join Contest: bitmart.com/futures-competition/Skyrexio/en-US
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.