BTC.Dominance (Y21.P6.E1).Ascending Wedge breakout
Hi All,
I do see while BTC ranges and approaches the 50K resistance, it will give the ALTs a chance to gain ground.
However the W formation or double bottom will definitely kick in and its like when BTC makes its bull run and that could be after it breaks the top trend line as per my previous BTC video post.
Refer to link below.
So far the RSI and price action indicates this was a bear flag or ascending wedge and hence I will treat it like that.
All the best,
S.SAri
I do see while BTC ranges and approaches the 50K resistance, it will give the ALTs a chance to gain ground.
However the W formation or double bottom will definitely kick in and its like when BTC makes its bull run and that could be after it breaks the top trend line as per my previous BTC video post.
Refer to link below.
So far the RSI and price action indicates this was a bear flag or ascending wedge and hence I will treat it like that.
All the best,
S.SAri
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