As long as the dominance fluctuates in the bullish channel we are in an uptrend on dominance.it could cause some retracement in BTC price tho.
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we had a pulse in dominance which cause a correction in BTC price.BTC is recovering so there is the possibility for Dominance to make another downtrend pattern in small time frames
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as BTC is recovering the dominance correctingЗаметка
something we have to consider :as I see we have 2 channels involve in the BTC.D these days.
1- bullish purple
2- static yellow
as I see we have 2 good support and 2 good resistance for Dominance to react on them if It reaches each of them.
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another important thing is we are in a triangle, which means breaking out from each side COULD cause a sharp movement to the target areain which scenario the BTC price will heavily affect.
and that will be the real BULL/BEAR market for a couple of months.
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the struggle between EMA 50 and 200 continues let's see which one will win this fight
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going up from this stage is kinda messy. need a little rest to continue,however its kinda tricky not to say we didn't saw the expanding triangle
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it could be a simple pullback, not sure .if breaks the white line will fall to the red one
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reacted to the white line but still continueСделка закрыта: достигнута тейк-профит цена
the first target fulfilled The second will be soon.
we will have a restacement then
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dominance update will continue in another idea
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