BTC Dominance June 20 2019 Potential Bullish Pattern by jumps

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· @jumps · (edited)
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BTC Dominance June 20 2019 Potential Bullish Pattern
[![download (14).png](https://cdn.steemitimages.com/DQmWeajZMNgXJ6eLFdmzcEzsQ5wg2rt2iEECLCLfZNoV79k/download%20(14).png)](https://www.tradingview.com/x/uZqYClCN/)

Keypoint :

- [Ascending Triangle](https://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:ascending_triangle_continuation) pattern is a bullish pattern, expect to reach next upper fibonacci line whether it's success to close above the upper triangle or broke the trendline below the triangle
- Ascending Triangle can morph into some other pattern like [Bullish flag](https://www.investopedia.com/stock-analysis/cotd/answ20090105.aspx) if the percentage is remain bounce between current fibonacci line/ Side way action.
- If btc dominance is goes up as . high probability altcoin/btc would be decimated. Conversely, if btc .d is goes down high probability also for alt/btc would be prosper.
- If the percentage fall below the fibonacci golden ratio (orange line) is devastating for btc.d.

_Thank you for your time to read this post and please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion. and please feel free to share what your thought on comment section. peace._

![httpssteemit.comsteemit@carlos-cabezaimages-free-gif-for-steemit-community-upvote-follow-resteem-animated-banners-for-places-at-the-end-of-your-post.gif](https://cdn.steemitimages.com/DQmfRndQK63b63KUVSx3MUgdQjaihCwqr3YsLsrbrxWiTAg/httpssteemit.comsteemit@carlos-cabezaimages-free-gif-for-steemit-community-upvote-follow-resteem-animated-banners-for-places-at-the-end-of-your-post.gif)

[![Untitled-1.jpg](https://cdn.steemitimages.com/DQmezY6dhKU6NDWLRXSpeziJQNr48Q2TBPFUUgFSRHQzuAc/Untitled-1.jpg)](https://www.minnowbooster.net/vote-selling/?ref=880229)

[![](https://steemitimages.com/0x0/https://smartsteem.com/static/smartsteem_banner.gif)](https://smartsteem.com?r=jumps)
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