BTC.D READY FOR RALLY
Bitcoin dominance has broken the rising wedge pattern to the downside, creating a large block order zone during the breakout.
Following this, it has retested both the created block order zone and the broken rising wedge.
The next expected move is to enter a distribution phase from this point and decline further towards the 48% level.
Similar movements to the previous rally are being observed. BTC has broken the descending wedge, retested it, and we expect a downward move after the distribution phase.🚀🚀🚀🚀
Following this, it has retested both the created block order zone and the broken rising wedge.
The next expected move is to enter a distribution phase from this point and decline further towards the 48% level.
Similar movements to the previous rally are being observed. BTC has broken the descending wedge, retested it, and we expect a downward move after the distribution phase.🚀🚀🚀🚀
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.