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$btc If BTC dominance continues to decline, the likely downside targets based on Fibonacci retracements and support levels are:
1. First Target: 57.29% (0.382 Fib on the 4H chart)
2. Second Target: 56.85% (0.5 Fib)
3. Third Target (Deeper Pullback): 56.48% - 55.86% (0.618 Fib)
If bearish momentum strengthens, BTC dominance could drop to this zone.
4. Best Case for ALTs: 54.82% (1.618 Fib extension)
This would indicate a significant altcoin rally.
#BTCNextMove #altcoin
1. First Target: 57.29% (0.382 Fib on the 4H chart)
2. Second Target: 56.85% (0.5 Fib)
3. Third Target (Deeper Pullback): 56.48% - 55.86% (0.618 Fib)
If bearish momentum strengthens, BTC dominance could drop to this zone.
4. Best Case for ALTs: 54.82% (1.618 Fib extension)
This would indicate a significant altcoin rally.
#BTCNextMove #altcoin
$PHB /USDT Technical Analyse
Trend: Rebounding from support; short-term bullish
Support Level: 1.249: Strong base where price rebounded.
Indicators:
RSI: 55.88 (neutral to bullish, room to rise).
Volume: Increased during bounce, signaling buyer interest.
Strategy (not a financial advice):
Buy Zone: 1.438-1.500 on consolidation or breakout above 1.545.
Targets: 1.880 (mid-term).
Summary:
Momentum is recovering; monitor volume and breakout at 1.545 for further upside.
#altseason #phbNextMove
Trend: Rebounding from support; short-term bullish
Support Level: 1.249: Strong base where price rebounded.
Indicators:
RSI: 55.88 (neutral to bullish, room to rise).
Volume: Increased during bounce, signaling buyer interest.
Strategy (not a financial advice):
Buy Zone: 1.438-1.500 on consolidation or breakout above 1.545.
Targets: 1.880 (mid-term).
Summary:
Momentum is recovering; monitor volume and breakout at 1.545 for further upside.
#altseason #phbNextMove