$BTC.D Triple Top Reversal – Dominance Peak Cracking?
BTC.D BTC.D Triple Top Reversal – Dominance Peak Cracking?
Current trend: BTC.D's etched a textbook triple top at 60.1% resistance, now crumbling below neckline with bearish engulfing—classic reversal setup squeezing alts for a potential relief rally 📉.
Hold support? Shaky at 59.4%; volume confirmation on break could hold if buyers defend, but momentum favors sellers.
Breakout above resistance? Low odds—needs 60.5% recapture to invalidate, otherwise deeper fade 🚀.
Dip risk? High to 58.5% on confirmation, unlocking alt dominance shift.
Target: Downside 58% short-term; rebound max 59.8% if support bites.
Indicators tracking: RSI (45, bear divergence), Volume spike on reds, and neckline breach 📊.
#BTCDominance #TripleTop #AltcoinPioneers
source https://www.tradingview.com/chart/BTC.D/gClKmVrk-BTC-D-Triple-Top-Reversal-Dominance-Peak-Cracking/
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