After a descending wedge pattern, Bitcoin Dominance has shown the first signs of an upward move. A CHoCH (Change of Character) has formed on the 4-hour timeframe, signaling a potential trend reversal.
We are now awaiting a retest of the broken resistance level before continuation of the bullish trend. However, the price might skip the retest and proceed directly higher.
Stay tuned for confirmation and manage your positions accordingly.
We are now awaiting a retest of the broken resistance level before continuation of the bullish trend. However, the price might skip the retest and proceed directly higher.
Stay tuned for confirmation and manage your positions accordingly.
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🔎 Smart Money • Price Action • NeoWave • Multi-Timeframe Context
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🔎 Smart Money • Price Action • NeoWave • Multi-Timeframe Context
📩 Contact: @CryptoPilot_1 (Telegram)
📥 Telegram Chanell : @CryptoPilot_Trading
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📊 CryptoPilot – Advanced Technical Analysis for BTC & Altcoins
🔎 Smart Money • Price Action • NeoWave • Multi-Timeframe Context
📩 Contact: @CryptoPilot_1 (Telegram)
📥 Telegram Chanell : @CryptoPilot_Trading
🔎 Smart Money • Price Action • NeoWave • Multi-Timeframe Context
📩 Contact: @CryptoPilot_1 (Telegram)
📥 Telegram Chanell : @CryptoPilot_Trading
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.