btc-dominance
indicator
trendanalysis
waveanalysis
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Bitcoin Dominance must break the heavy resistance of Moving Ichimoku for a period of 200 days now to reach the Fibonacci level of 61.8 of its previous wave.
4
Wave (AB) corrects less than 50% of its previous wave, so wave (0A) is a strong wave and is expected to expand the Fibonacci 161.8 level.
3
If the market is supported in its static support area, which is at its previous uptrend level at 382 Fibonacci level, it can target the previous wave at the level of 161/8 Fibonacci targets based on the strong wave rule.
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