I expect BTC Dominance to rise to max 64% Only then to fall to about 53% in a second alt-season
The recent altcoin run has had a retrace. It seems to bounce on the fib level. Looks bullish to me
The bitcoin dominance chart has a short rebounce, but the pattern of a raising wedge is bearish. I expect it to break down and for altcoins to rally harder
Current level of 7.3k is a perfect place to bounce from. As this is the .786 fib lvl from previous bottom of 6.4k to previous high of 10.5k
While the BTC price is in a down-channel, and the critical 200MA has been broken, the RSI shows a bullish divergence. Will we get back above the 200MA?
For the last weeks RVN was in a falling wedge. Currently trying to break the resistance. With the current bullish momentum for alts this might be interesting.
Despite losing against BTC, the alts in total seem to be in an up channel, the last days. Lets see if this holds.
To know whether you are in an altseason, see if the total bag of alts (total2) in comparison to BTC is gaining. Only in an uptrend you can speak of an altseason. Then the alts in total are gaining in sats.
After a very long downtrend in the last weeks (-62% in the last month) REN has had a few upticks. Is this forming a triangle wich a chance to break up? Or are we still in a downward channel and do we have more to go... Then aim for 337 or 310 sats.
Will the rising trend line hold for ICON?
Rather new to this. Still downward?