thekevin

BTC dominance

Short
thekevin Updated   
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Looks like the end of a 5 wave structure. Bearish daily divergence between the wave 3/5 tops. Resistance off of the 4.618 wave extension.

(Further analysis will be added below)
Comment:
Horizontal resistance combined with the underside of the trend line that kept the main impulse move up. Will this apex hammer btc.d downwards?
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.