The SCD , is making a bull flag pattern as you can see in the chart , with a possible bullish hidden divergence , this will make it attack the top of the flag and then possible breakout and finally reaching the bull flag target indicated in the chart if the pattern works of course .
What does that mean ? It means the end of this small rally we saw for alts these 2-3 days , stables dominance up = prices down.
The flag could fail also and the dominance will fall .this is the second scenario
This is not a financial advice .
Thank you
What does that mean ? It means the end of this small rally we saw for alts these 2-3 days , stables dominance up = prices down.
The flag could fail also and the dominance will fall .this is the second scenario
This is not a financial advice .
Thank you
Comment:
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