Bitcoin Dominance Ready for Dump & Altcoin is Ready for Party
BTC.D in 6 Hrs Time Frame looks like head and shoulders pattern
If Neckline Break With Full confirmation then We can See bitcoin dominance Drop Till 65% and if this Happened then can see Altcoin
Movement.
On the technical analysis chart, the Head and shoulders formation occurs when a market trend is in the process of reversal either from a bullish or bearish trend; a characteristic pattern takes shape and is recognized as a reversal formation.
Note: This is only for Educational Purpose this is not Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan.
If Neckline Break With Full confirmation then We can See bitcoin dominance Drop Till 65% and if this Happened then can see Altcoin
Movement.
On the technical analysis chart, the Head and shoulders formation occurs when a market trend is in the process of reversal either from a bullish or bearish trend; a characteristic pattern takes shape and is recognized as a reversal formation.
Note: This is only for Educational Purpose this is not Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan.
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