Updated

Bearish Bitcoin Dominance Chart: Minor Altcoin Season Incoming?

Bullish: 50/15HiRev signal triggered in the AEONDRIFT Band script, with dominance dropped from the "overbought" level 3 band into the level 2 band about 35 hrs ago.

Need to wait till the:

blue MAJ momentum oscillator to enter into negative, or shows a clearer descending profile to prove conviction.
thick (currently red) FG oscillator to show a clearer descending profile + the green DFG line (momentum) to cross into negative as well.

for confirmation.

AEONDRIFT
tradingview.com/v/48pJDJDH/

LIVIDITIUM
tradingview.com/v/dcPCdnYV/

FUSIONGAPS
tradingview.com/v/pMzUIjkL/

MAJESTIC
tradingview.com/v/lJpW5jZ8/

Note

With impending Golden Cross (GX) impending on the BTC chart, while Death Crosses (DX) already registering in many altcoins vs. BTC, the safest bet atm is still BTC, IMO, unless I find specific altcoins with more positive looking (vs. BTC) charts.

Note

My main untouched investment stash is still BTC regardless, locked in a hardware wallet. ;) And only practice trading (controlling emotions with skin in the game) with an insignificant amount, as training and learning.

Note

Re-evaluation: On the shorter time-frame, looks like BTC.D is actually ready to go higher too:

Order cancelled

See: the later re-evaluations above after the initial analysis.

Note

Looks like a resumption of my earlier BTC.D chart?

BTC.D may still have some way to go though.

cybernetwork

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