$BTCDOM dominance is about to confirm a breakdown, guys.
Money is completely exiting BTC, holding the bottom and switching.
But altcoins paired with ETH/BTC are showing green on the 3D chart, waiting for a retest.
ETHBTC chart 1.
Dominance weekly chart 2 shows MACD is about to cross down.
Confirmation that money is leaving BTC.
BTC is holding its switching position; if ETHBTC stays green, then altcoins could see a bounce like before.
Waiting for the 3D of the ETH pair to pull back slightly before entering.
Recovery waves for altcoins to continue.
This was clearly evident last week and could continue this week.
Some alts have already had a good bounce.
Note, just surf the recovery waves. If capital flows out to USD without flowing into alts, they’ll drop too.
However, the MACD signal on the weekly chart confirms it's good for alts. BTC is barely alive. If it stops sucking money, then alts will be able to move.
The requirement is that the ETHBTC pair must stay green.
$ETH
$SOL
Money is completely exiting BTC, holding the bottom and switching.
But altcoins paired with ETH/BTC are showing green on the 3D chart, waiting for a retest.
ETHBTC chart 1.
Dominance weekly chart 2 shows MACD is about to cross down.
Confirmation that money is leaving BTC.
BTC is holding its switching position; if ETHBTC stays green, then altcoins could see a bounce like before.
Waiting for the 3D of the ETH pair to pull back slightly before entering.
Recovery waves for altcoins to continue.
This was clearly evident last week and could continue this week.
Some alts have already had a good bounce.
Note, just surf the recovery waves. If capital flows out to USD without flowing into alts, they’ll drop too.
However, the MACD signal on the weekly chart confirms it's good for alts. BTC is barely alive. If it stops sucking money, then alts will be able to move.
The requirement is that the ETHBTC pair must stay green.
$ETH
$SOL