ETH and SOL Show a Weekly Bollinger ‘W’ as BTC Dominance Eases
3d ago•
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- John Bollinger, creator of Bollinger Bands, highlighted a weekly ‘W’ bottom on ETH and SOL, not on BTC.
- Dan Gambardello said the altcoin setup improves as BTC dominance weakens and rotation talk grows.
- A weekly close above the middle band would confirm base building on ETH and SOL.
John Bollinger pointed to potential ‘W’ bottoms on the weekly charts for ETH/USD and SOL/USD. He did not see the same structure on BTC/USD, where bands compress and hint at volatility rather than a base.
Crypto analyst Dan Gambardello also backed John Bollinger’s bullish call for altseason ahead. Gambardello highlighted that Bitcoin (BTC) dominance is on the cusp of a trend reversal, thus further supporting the theory of an altseason in the near term.
What is John Bollinger’s Call for Ethereum and Solana
Over the weekend, Bollinger, the creator of the Bollinger Bands i…
Read The Full Article ETH and SOL Show a Weekly Bollinger ‘W’ as BTC Dominance Eases On Coin Edition.
3d ago•
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