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#BTC dominance got to the upper trendline of this rising wedge. Won't try to forecast how low it can retrace from here, but it should. So that theory alone gives us condition for longs in alts. At least against #Bitcoin. And for trending coins against USDT as well.

#BTC dominance got to the upper trendline of this rising wedge. Won't try to forecast how low it can retrace from here, but it should. So that theory alone gives us condition for longs in alts. At least against #Bitcoin. And for trending coins against USDT as well.

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#Bitcoin wicked above last week VAH at ~70393 and today went down to wick below VAL at ~67750 ✅✅ Bulls didn't manage to hold BTC price above VAH even with weak dollar index performance yesterday. And today DXY is at Weekly and Monthly 20SMA - double combo making that level crucial SR. Dangerous situation for crypto. Nevertheless $BTC remains within uptrend at higher timeframes while at 4H it moves sideway. If today it won't return back above week open at 68524 and find acceptance there, this may lead to further retracement. Can be to the middle of range at ~65.6k or to the bottom at 59-60k Ethereum remains a hidden bullish factor - while we don't expect ETF trading to start anywhere soon and don't expect trading volume to be anything compared to #BTC ETF, it is still capable of pushing market up, when it happens. But when? Weeks? Months? Nobody knows. Nearest liquidity pools: above - 69236 / 70800 / 71300 / 72050 below - 67166 / 66622 / 65860 / 64262 SR levels to watch PA: 🔸73881 - ATH 🔸71363 - March close 🔸70393 - last W VAH 🔸68540 - week close 🔸67750 - week high / last W VAL 🔸66239 - last week open Trend: D 🔼 W 🔼 M 🔼
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Forecast for $FLOKI I gave in my MEME coins review fully accomplished 🚀 #Floki broke out above last swing high and so it remains very bullish. So far no signals for correction or stop in momentum. Respect the pump! Not so far from ATH at 0.00031387. For new entries I'd wait for the dips down to 24812-26723 zone
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$MANTA made multiple dips to month close at 1.7 as expected. It gave lots of chances to take long. Now if day candle close similar to how it looks now, we may expect it to bounce and finally do a breakout move that should target stops above 1.905 How far that breakout move stretch yet unpredictable. Next liquidity pool will be above 2.05, so that is the second short term target for #MANTA #MantaRWA
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$ARB becomes interesting again. If it won't breakout that week it's good to catch it on the dips to the bottom of current consolidation range around 1.13 At some point it should breakout and re-test resistance above 1.43 #ARB #Arbitrum
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$BB - coin that took forth place by trading volume. Got harsh rejection on the last 4H candle, so that gives a certain chance for correction move. At least to 0.59-0.6 zone - middle of pump candle. Strong SR zone starts at 0.54 and bearish correction target is at breakout level around 0.44
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