The dominance of Bitcoin is moving within an ascending wedge pattern on the 4-hour timeframe🧐
Currently trading above the Ichimoku Cloud, which acts as support for the price action💁♂️
A break below the cloud and the support trend line may signal an additional drop toward 62.2%, while a break above the upper edge would invalidate the bearish pattern👨💻
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#BTC.D 4H UPDATE
The dominance of Bitcoin is moving within an ascending wedge pattern on the 4-hour timeframe🧐
Currently trading above the Ichimoku Cloud, which acts as support for the price action💁♂️
A break below the cloud and the support trend line may signal an additional drop toward 62.2%, while a break above the upper edge would invalidate the bearish pattern👨💻