A BTC Dominance bounce is looming.

15 avr. 2021Dominance completed the route down all the way down to 53 after failing to confirm a huge ascending triangle.

See previous analysis for reference:

In my opinion it's likely we'll see a dominance bounce from anywhere within to 53-49 to about 58-60.
This within some weeks / few months.

I would consider that a technical movement.

Longer term i foresee altcoin market relative % growth, after short term retracement / consolidation.

17 avr. 2021

Commentaire

Straight into the box.



Let's see now.

18 avr. 2021

Commentaire

The show should start soon.
Brace.

23 avr. 2021

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50.03 reached.



Looks like it's trying to bottom out.
It will require some time.

3 mai 2021

Commentaire

Comment: Slighlty below 49.
Yet what matters is (bi-weekly) close.



TD count 8 alredy. We may have capitulation > bottoming ongoing, which may span to the end of may eventually (candle 9).

Still it can ounce at any time now, i wouldn't be surprised to see a failed low forming.

Watch out if you deal with alts (except for Ether).

7 mai 2021

Commentaire

I think a strong bounce is nearing.



At any time within one / two weeks eventually.
Next week we'd have a TD count 9 already.
It would be a perfect spot.

21 mai 2021

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It took 1 week and 1/2.

22 mai 2021

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3 juin 2021

Commentaire

TD count 12 and counting ...



Will bounce up again.

Strongly.

9 juin 2021

Commentaire

Here is a possible Green 1 forming, after 12 red weeks:



Watch dominance as it can bounce sharply again.
MInd that.

22 juin 2021

Commentaire

And we're back close to resistance.



Watch the test.

22 juin 2021

Commentaire

At resistance.

22 juin 2021

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Surgical move: Make it or break it.

22 juin 2021

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A rejection would favor alts again.
Watch it.

27 juin 2021

Commentaire

About to close week.
ON the edge.