‼️‼️WARNING! A big altcoin shakeout is starting now.
If you remember, we warned you just before the crash on February 3rd. Now we can see almost the same situation in the market by looking at $BTC dominance. This chart can predict all crashes.
On the 12-hour chart, we can see enough candles to analyze the 5 impulses of the current Elliott waves. If you remember, dominance is currently in the final overall wave 5 and you can see that it is almost over by looking at the bullish/bearish reversal bar indicator [Skyrexio] on the weekly chart. Now we are looking at this wave.
Look how wave 2 has perfectly retraced to 0.61 Fibonacci of wave 1. Then wave 3 has also been completed in the target zone. Wave 4 has retraced to the 0.38-0.5 Fibonacci zone. At the same time, the Awesome Oscillator has shown us the bearish reversal. This means that wave 4 is over and dominance is now preparing for the rise in wave 5. The target is 66%, but the maximum pain target is 69%. This is unlikely, but keep this in mind.
Kind regards,
