ALTcoin Dominance Is Waking Up
The ALTcoin dominance chart with ticker OTHERS.D is bouncing quite sharply after a penultimate 5th wave, which came out of a bearish wave 4 triangle pattern, so it’s the final leg before a reversal. ALTcoins can do better in the upcoming days/weeks, and if the Crypto market faces a bigger recovery, then we could get an ALTseason, at least for a short period of time.
OTHERS.D 4H Chart
If we take a look at Chainlink with ticker LINKUSD, it can be still finishing a wedge pattern within wave (C) of a three-wave (A)(B)(C) decline into wave C with nice technical support around 61,8% Fibo. and psychological 10.0 level, so soon watch out for a new three-wave (A)(B)(C) recovery into wave D back to the upper triangle line.
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