BTC Dominance - What to watch for bear/bull market
We see a green weekly 1. If the following week closes higher, we should watch for the possibility of this falling wedge breakout.
Be mindful of the resistance line. Breaking out, getting rejected, and trading inside the pattern would indicate a pattern failure.
Breaking out of this falling wedge and closing above the resistance line will indicate a very bearish action for crypto and alts.
If this happens, look to my previous publication for the ideal time to add to your HODL position.
Happy trading!
Be mindful of the resistance line. Breaking out, getting rejected, and trading inside the pattern would indicate a pattern failure.
Breaking out of this falling wedge and closing above the resistance line will indicate a very bearish action for crypto and alts.
If this happens, look to my previous publication for the ideal time to add to your HODL position.
Happy trading!
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