ETH.BTC (Y20.P6.E2).v2.iS IT ALMOST DONE
Hi All,
(ref. F.Chart)
Looking at this chart and the BTC Dominance, one wonder are these ETH maximalists correct?
***********************************************
$ETH steadily increasing $ETHBTC bottom-reversed at monthly support Dominance about to fall off a cliff.
That’s a good way to enter 2021.
$BTC +679% since Dec 2018 bottom
$ETH +675% since Dec 2018 bottom
$ETH ON ITS WAY TO MARS.
700 !!! I love you.
***********************************************
Looking at the weekly chart, I do see a bullish divergence in the making and that long wick, Is it already played out?
Note how MACD is not giving any signal to this effect, the Phoeix is.
Looking for the MACD to cross over.
Don't forget the month charts its almost done.
I do see another resistance phase on BTC dominance especially after this run and is likely to slow down again, giving the ALTs anther boost however I'm also warry of Mid Jan and Feb where the markets traditionally drop after returning from the holidays. BTC will not be immune to it.
For now, I'm sticking with BTC mostly and hopefully can time the flip again.
All the best,
S.SAri.
On the Daily, its holding a key level now. Some positive news.
Monthly chart
BTC.Dom
(ref. F.Chart)
Looking at this chart and the BTC Dominance, one wonder are these ETH maximalists correct?
***********************************************
$ETH steadily increasing $ETHBTC bottom-reversed at monthly support Dominance about to fall off a cliff.
That’s a good way to enter 2021.
$BTC +679% since Dec 2018 bottom
$ETH +675% since Dec 2018 bottom
$ETH ON ITS WAY TO MARS.
700 !!! I love you.
***********************************************
Looking at the weekly chart, I do see a bullish divergence in the making and that long wick, Is it already played out?
Note how MACD is not giving any signal to this effect, the Phoeix is.
Looking for the MACD to cross over.
Don't forget the month charts its almost done.
I do see another resistance phase on BTC dominance especially after this run and is likely to slow down again, giving the ALTs anther boost however I'm also warry of Mid Jan and Feb where the markets traditionally drop after returning from the holidays. BTC will not be immune to it.
For now, I'm sticking with BTC mostly and hopefully can time the flip again.
All the best,
S.SAri.
On the Daily, its holding a key level now. Some positive news.
Monthly chart
BTC.Dom
Commento:
tough task ahead...it might achieve 1 level before BTC turns the tied.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Head and shoulders confirmed