nagihatoum

BTC dominance reversing

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CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Dominance was rejected at the .382 fib which is also the resistance of an upward channel that dominance has been in. The RSI is in a rising wedge and looks like it will breakdown. This could be the start of the 2019 Alts season.

If dominance breaks down from it's channel, it will drop further than the .618 support, because the target of the channel breakdown is much lower.

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