BTC.D Bitcoin Dominance Possible H&S Formation

BTC.D Bitcoin Dominance level is drawing a Head and Shoulders Pattern on daily chart, which could lead to a massive altseason with new ath levels, the trigger might be when the %60 psychological level is breaked out towards levels of 59-58 levels, which in return will make dominance fall sharply, based on my technical analysis, the altseason bullrun will be around 1-2 months from now on. In the bull run, every correction is a possible buying chance, at least this is what I am going to do. And few words for people who are panic selling on every correction, I do not have any license or right to give financial advice but based on my experiences I can say that, panic selling is not good..

Kommentera:

We are on the edge of breaking out the 60 neck resistance, watch out :)