Bitcoin Dominance BTC.D - Alt season! Huge descending triangle!
- I hope you are ready for the upcoming alt season in 2022!
- We have a descending triangle on the weekly time frame, which is definitely very bullish for altcoins.
- Bitcoin Dominance is going down and there is still no signs of trend reversal.
- ABCDE triangle should be completed and now we are waiting for the huge breakout!
- Previous swing low resistance (2018) is our next target, then here we can experience a bounce.
- We have a descending triangle on the weekly time frame, which is definitely very bullish for altcoins.
- Bitcoin Dominance is going down and there is still no signs of trend reversal.
- ABCDE triangle should be completed and now we are waiting for the huge breakout!
- Previous swing low resistance (2018) is our next target, then here we can experience a bounce.
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.