On the weekly timeframe the long term expectation is still bearish and the long term target is 54.56% Price manipulated the range high and the target remains the range low Right now dominance is in a small consolidation range which is a continuation signature (MMXM deferred delivery concept is in play) price rejected from the weekly order block and we also got a continuation purge on the daily timeframe
On the daily timeframe the intermediate target is 57.34% Dominance has left equal lows on the daily timeframe Price rejected from a daily order block and expansion met w exansion then move was followed by a retracement which is again a continuation signature
On the h4 and h1 timeframe the short term target is 59.45% Bearish orderflow is clear align it w phase of price which is a retracement after a bearish expansion We can see failure swings on both sides and price never reverses away from failure swings The ideal scenario is bearish continuation after a sweep of the equal highs If btc dominance does not sweep equal highs then we wait for the first swing low to FTM This is the full outlook I also have a list of altcoins that can give bullish move and I can share them with reasons if you want To unlock the list give this post enough interest Also comment any specific coin if you want an analysis @OneShot_Trade #BTCDOMINACE #bearishmomentum