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#BTC DOMINANCE ANALYSIS $BTC BTC.D is consolidating within the broadening wedge pattern and is currently trading above the Ichimoku cloud.
The Ichimoku cloud is acting as a key support zone below the current price action. We need to wait for a solid breakout or breakdown to confirm the next directional move.
It’s important to note that BTC Dominance often shares an inverse relationship with the altcoin market cap.
#DOT/USDT ANALYSIS $DOT DOT is consolidating within the descending channel and is currently trading below the resistance trendline. The 50MA is acting as a key support level below the current price action.
A solid breakout above the channel resistance could provide strong bullish confirmation and trigger further upside.