BTC Dominance Tic Tic Tic…
After completing the harmonic pattern BTC dominance starts to consolidate in a range. Here are two few things to look at
1. Price has still not retraced in reaction to harmonic pattern
2. Price is consolidation in sort of bullish rectangle
3. If we look at last leg before consolidation it also making bullish flag pattern
A-If price breaks the range targets could be 43% and 44.9%
B- If harmonic play then price will come back to key level
Remember BTC Dominance increases alts will bleed.
Trade Safe
1. Price has still not retraced in reaction to harmonic pattern
2. Price is consolidation in sort of bullish rectangle
3. If we look at last leg before consolidation it also making bullish flag pattern
A-If price breaks the range targets could be 43% and 44.9%
B- If harmonic play then price will come back to key level
Remember BTC Dominance increases alts will bleed.
Trade Safe
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