BTC.D Dominance - bearish rising wedge

A bearish rising wedge pattern can be seen forming on the above 1-day chart. The formation occurs while:

1) Dominance is testing the 50-day moving average as resistance (blue line) following a break of support = bearish.

2) Stochastic RSI is crossing down 80 = bearish.

However the bottom oscillator, Money Flow Index, suggests resistance is no longer offered - therefore the downward in dominance may be short lived.

Target is 59.