Proekt_73
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One of the two significant signals we are waiting for regarding the decline in BTC dominance has been received.
It has moved into a stable downtrend on the 12-hour TF. This does NOT cancel the expectation of a rebound, with a high probability it will be plus or minus from the current level. But it adds arguments that it will be a rebound, and not a new wave of growth.
The Potential break level according to the indicator is 61.64%. Which is very close to the significant volume level of 61.69%. And the extreme basic target during the decline is 59.44%.
The second necessary signal confirming the strength of altcoins is, let us recall, a breakout of the trend from the high of February 3. By the way, the EMA 50 of the 12-hour TF is now approximately there.
It has moved into a stable downtrend on the 12-hour TF. This does NOT cancel the expectation of a rebound, with a high probability it will be plus or minus from the current level. But it adds arguments that it will be a rebound, and not a new wave of growth.
The Potential break level according to the indicator is 61.64%. Which is very close to the significant volume level of 61.69%. And the extreme basic target during the decline is 59.44%.
The second necessary signal confirming the strength of altcoins is, let us recall, a breakout of the trend from the high of February 3. By the way, the EMA 50 of the 12-hour TF is now approximately there.
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