Dominance 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.
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.
Komen:
The show should start soon.
Brace.
Brace.
Komen:
50.03 reached.
Looks like it's trying to bottom out.
It will require some time.
Looks like it's trying to bottom out.
It will require some time.
Komen:
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).
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).
Komen:
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.
At any time within one / two weeks eventually.
Next week we'd have a TD count 9 already.
It would be a perfect spot.
Komen:
It took 1 week and 1/2.
Komen:
Komen:
TD count 12 and counting ...
Will bounce up again.
Strongly.
Will bounce up again.
Strongly.
Komen:
Here is a possible Green 1 forming, after 12 red weeks:
Watch dominance as it can bounce sharply again.
MInd that.
Watch dominance as it can bounce sharply again.
MInd that.
Komen:
And we're back close to resistance.
Watch the test.
Watch the test.
Komen:
At resistance.
Komen:
Surgical move: Make it or break it.
Komen:
A rejection would favor alts again.
Watch it.
A rejection would favor alts again.
Watch it.
Komen:
About to close week.
ON the edge.
ON the edge.
Let's see now.