BTC DOMINANCE zoomed in on the 4-HOUR chart then as we get more details here.
No good news as the market structure is in FULL BULL mode unfortunately (for #altcoins it has been painful) as we might have seen a rejection off the resistance zone highlighted..
But this was likely only WAVE 3, now we are probably seeing a WAVE 4 corrective move and once that’s done (possibly already done) – we will see the last impulse WAVE (5), which is likely going to break above 59%.
RSI over 58, momentum healthy, higher highs and higher lows, just like the priceaction.
And on top of that all KEY moving averages are turning bullish and are stacked below as dynamic support.
Really strong reversal of the DOWNTREND happening here. Get ready for what’s coming👽💙
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