BTC.D W1 Rising Wedge
• Currently zoomed out on dominance and monitoring what seems to be a rising wedge, which for those who are not familiar with it is a bearish pattern.
• BTC.D has recently made a POC break, but its bullish push could be rejected on the VAH as I predicted with the arrow I've plotted.
• TFO also in overbought zone, potentially signaling a reversal anytime, but there is more room for further upward push to reach the extremely overbought status.
• In the event we see a dump in dominance and $BTC somehow consolidates, it'll be a party spree for alts.
Key break points to WOF:
• 55.75%
• 54.06%
• 49.66%