Wednesday, September 24, 2025

$BTC.D 1-HOUR chart: BULLISH patterns, WAVE 5 up next?

$BTC.D 1-HOUR chart: BULLISH patterns, WAVE 5 up next?

Zoomed in on the BTC dominance HOURLY chart, and it's even more trouble for ETH and other #Alts due to the FALLING wedge breakout that happened overnight.

This short term pattern is pointing above 59% which would help the dominance cross above the resistance zone highlighed in light-blue overhead on my chart.

And to add to my thesis, a BULLISH inverted Head & Shoulders pattern has formed (neckline to break around 58.7%, target 59.07%).

Also WAVE 5 could be starting and its first target is sitting above 59% as well.

For the dominance to break down, we need it to crash below the immediate support zone (58.25% - 58.35%).

Watching the action closely on this 1-HOUR chart is a MUST today tbh💙👽



source https://www.tradingview.com/chart/BTC.D/unxgIw73-BTC-D-1-HOUR-chart-BULLISH-patterns-WAVE-5-up-next/

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