BTC Dominance Analysis (1D)
Market Cap BTC Dominance, % CRYPTOCAP:BTC.D
It seems that wave G is not yet complete because its time frame hasn’t fully played out, and the upward momentum is strong enough that with a little pause, it could move toward higher zones to complete wave G.
A key area has been marked on the chart; if it gets breached, this index could experience a deep drop.
The chart is a bit complex, and for now, this is our view on Bitcoin dominance.
Let’s see what happens.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
source https://www.tradingview.com/chart/BTC.D/iGkkWFRq-BTC-Dominance-Analysis-1D/
