First of all, pay attention to the time frame, The time frame is 12H
It looks like this rising wave (big D) is a diametric with the remaining g wave.
Expect to go up to two red lines to complete the g wave. When this wave is completed, we may see deep drops in Bitcoin Dominance.
Because a large degree pattern may be completed and then we enter the large bearish branch of the E wave.
We have to see if we will have an X wave behind this diametric. If there is no wave X, the Bitcoin Dominance drop will be very deep!
It looks like this rising wave (big D) is a diametric with the remaining g wave.
Expect to go up to two red lines to complete the g wave. When this wave is completed, we may see deep drops in Bitcoin Dominance.
Because a large degree pattern may be completed and then we enter the large bearish branch of the E wave.
We have to see if we will have an X wave behind this diametric. If there is no wave X, the Bitcoin Dominance drop will be very deep!
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💎More charts. More insights. only on our Telegram:
Free membership: t.me/Behdark_EN
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💎 Exclusive signals are only shared on our Telegram channel
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这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
