Hi All,
Based on the current structure, with a potential break above this neckline, we have a good chance to break the 40k level.
We also see some bullish divergence starting to appear on the smaller time frames on the BTC dominance chart which suggest a big move is coming with BTC.
There is also bigger % chance that the ALTs can lose ground to BTC if this happens so my advice, take precautions prior to this event.
All the best,
S.SAri
BTC Dominance chart
As I publish this, BTC breaks 37800, which is significant.
ETH.USDT, ETH.BTC, BTC charts
Based on the current structure, with a potential break above this neckline, we have a good chance to break the 40k level.
We also see some bullish divergence starting to appear on the smaller time frames on the BTC dominance chart which suggest a big move is coming with BTC.
There is also bigger % chance that the ALTs can lose ground to BTC if this happens so my advice, take precautions prior to this event.
All the best,
S.SAri
BTC Dominance chart
As I publish this, BTC breaks 37800, which is significant.
ETH.USDT, ETH.BTC, BTC charts
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Hit my small term target, nice entry and exit.
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Lets hope it doesn't act like a double top
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Now the profit takers take some off the table and the Bears start shorting.
We will need to see the 4 hrly trend stay with lower highs
We will need to see the 4 hrly trend stay with lower highs
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