When Technicals Speak Louder Than Words ๐๐๐
That bearish flag on hourly time was the last resort to test those support zones in altcoins and without fail it attempted to break the resistance trendline.
But the trend is bearish on the BTC dominance chart and we went through that obstacle at the start of the week. So the price is respecting the bearish flag pattern.
And what a bear trap it was!!
Now when the resistance $2900 has been retested and got rejected, BTC.d will head straight towards the support trendline. Once that lower trendline is broken, the last support will be tested once.
Dear fam, welcome to the beginning of the next leg of the altseason.
