Hello, Skyrexians!
We are changing color according to the new upcoming market cycle phase, hope our forecast will be realized and it's time to be bullish.
BTC.D is about to flash the reversal signal, while altcoins dominance and USDT dominance are already did it, but we don't also forget about disaster targets.
Let's take a look at the daily chart. Earlier we told that this is final wave 5 and now we are trying to catch its top. We mentioned that dominance will enter into 63-66% target area and it did it. Now we have to be focused on the reversal signals. For example Bullish/Bearish Reversal Bar Indicator[Skyrexio] has already printed the red dot at the top. Moreover Awesome Oscillator started reversing. You can say that this is the top, be our intuition tell us that some small move to the upside will be continued to 65%. Also we need to mention about nightmare wave 5 extended target at 70%, but this scenario is unlikely because it will break the divergence on the daily chart.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
We are changing color according to the new upcoming market cycle phase, hope our forecast will be realized and it's time to be bullish.
BTC.D is about to flash the reversal signal, while altcoins dominance and USDT dominance are already did it, but we don't also forget about disaster targets.Let's take a look at the daily chart. Earlier we told that this is final wave 5 and now we are trying to catch its top. We mentioned that dominance will enter into 63-66% target area and it did it. Now we have to be focused on the reversal signals. For example Bullish/Bearish Reversal Bar Indicator[Skyrexio] has already printed the red dot at the top. Moreover Awesome Oscillator started reversing. You can say that this is the top, be our intuition tell us that some small move to the upside will be continued to 65%. Also we need to mention about nightmare wave 5 extended target at 70%, but this scenario is unlikely because it will break the divergence on the daily chart.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
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Turn TradingView indicator & strategy alerts into automated trades on major crypto exchanges using no-code bots
Start free at skyrexio.com
Start free at skyrexio.com
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.