Rules of a trend reversal

1. Break of trend
2. Lower low
3. Lower high

I imagine we'll put in a lower high as a retest of the yellow trend line.

https://www.tradingview.com/x/S7IPII7U/

Daily close for TOTAL was above resistance.

Bitcoin dominance is bearish.

I bagged a heap of $SNX and $DOT.

TOTAL

Bad news for TOTAL market cap.

If this bear flag plays out, the target is 1.6T.

1H https://www.tradingview.com/x/JDaf5jCo/

$BTC

Played out as expected with a bearish retest of the key trend line, followed by continuation to the downside.

The trend is confirmed bearish.

1D https://www.tradingview.com/x/7S17gzEv/

$BTC

Bearish trend continues with a nice push from Biden effectively announcing Austerity in the US.

1H https://www.tradingview.com/x/sfhWIFwu/

$ETH
This could be a horrendous weekly close for Ethereum

1W https://www.tradingview.com/x/DSK4oR2H/

$BTC Dominance
We don't need to draw a heap of lines to show how that 50% is a strong support for Bitcoin Dominance.

A bounce there is to be expected. Once it breaks, it's alt season.

1W https://www.tradingview.com/x/RwMoqNNp/

$TRXBTC
Huge falling wedge on Tron, which is probably going to be the next blockchain to start pumping among all these Ethereum alternatives. It actually reminds me of $DOGE before the breakout.

1W https://www.tradingview.com/x/pk7nHKUX/

$BTC Dominance
This is an extremely important area.

Either Dominance holds this level at 50.4%, confirming bullishness (and hurting alts), or it is rejected.

The next 1hour close should give clarity. I'm either exiting all alts for Bitcoin or holding strong.

1H https://www.tradingview.com/x/IrzGj5jn/

$BTC Dominance
Falling wedge + inverted head and shoulders on the 5 minute chart.

This definitely plays into the bullish narrative for dominance. Bearish for alts.

I'll update if there's a rejection.

5m https://www.tradingview.com/x/VjmQpB1L/

$BTC Domiannce
This is looking promising for continuation to the downside.

$TOTAL
Needs to hold this rising wedge or we'll see a pullback on everything.

1H https://www.tradingview.com/x/dGr73ZbI/

$BTC
Looks exactly how a bearish retest should look before continuation to the downside.

Broke trend,
Set a lower low,
Set a lower high.

1D https://www.tradingview.com/x/VzsKILdP/

$ETH Dominance
Meanwhile, Ethereum dominance has a massive cup and handle.

$FILUSD
Bullish pennant after a breakout of a huge bull flag.

Bonus tip: StackOs $STACK is a competitor but literally 2000x cheaper.

4H https://www.tradingview.com/x/HgO4BcVY/

$TOTAL
Trying to re-enter the rising wedge.

Super bullish if it succeeds. Ethereum is already moving.

4H https://www.tradingview.com/x/vNRfoARa/

$TOTAL
After being rejected from the wedge again, it dumped.

It's closing on the daily in a falling wedge, which is likely to breakout, giving alts a reprieve from the selling, possibly short-lived.

It's probably the bottom for now.

1H https://www.tradingview.com/x/UCehoC3C/

$KYL
As $LINK breaks out, taking $BAND and $TRB with it, let's not forget about $KYL.

Kylin is building "The Data Infrastructure for DeFi and Web 3.0 Powered by Polkadot". Oracle + Date Warehouse and marketplace.

Currently $KYL has a market cap of $60m. $LINK has a market cap 350x higher.

If you think investors don't make such crude, simplistic comparisons then why is every single k9 coin pumping?

1D https://www.tradingview.com/x/DgiN4Im5

$BTC
Nice rising wedge here, could be a great short.

1H https://www.tradingview.com/x/cnEFKnpe/

$BZRX
Nice pullback to support/ order block after breaking out of the inverted head and shoulders.

I'd expect a little bit of consolidation then a spring to the upside.

A conservative target is between 2500 and 3000 sats, but there's probably plenty of potential beyond that as the market remains bullish.

1D https://www.tradingview.com/x/7NrWkkra/

$KNC
An absolute gem. This has broken resistance.

I'd be looking for a bullish retest and then get a bag and sit on it for a while.

600% gains possible.

1W https://www.tradingview.com/x/PD2dSWv8/