Have updated the OP with latest screenshots and analysis for those still following this TA, that still appears relevant.
As referenced below, while the Weekly chart remains bullish, the Monthly chart has now begun to follow suit with a green price flip.
Altcoin dominance appears to again be finding support from the golden 200 Week MA, after previously finding support back in October.
Dominance is now above the 21 Week MA, RSI has left bearish conditions, CMF is now positive, MACD has been losing bullish momentum but still in a bullish posture. Notably the initial target of the 0.5 fib (34.8%) as well as ultimate target of the 0.618 fib (41.95%) by the end of the year remains illusive and now less likely, but dominance is still holding it's ground against BTC.
On the monthly chart, there has been a price flip to a green 1 which is a positive development. A drop in dominance this month would also initiate a TD 9 buying opportunity, and therefore unlike the Weekly chart could still be considered bullish.
A break above 33% (previous highs) would likely lead to the initial target of the 0.5 fib retracement around 35%.
As referenced below, while the Weekly chart remains bullish, the Monthly chart has now begun to follow suit with a green price flip.
Altcoin Dominance Bouncing From 0.382 Fib Retracement (18/09)
An Updated Closer Look (11/12)
Altcoin dominance appears to again be finding support from the golden 200 Week MA, after previously finding support back in October.
Dominance is now above the 21 Week MA, RSI has left bearish conditions, CMF is now positive, MACD has been losing bullish momentum but still in a bullish posture. Notably the initial target of the 0.5 fib (34.8%) as well as ultimate target of the 0.618 fib (41.95%) by the end of the year remains illusive and now less likely, but dominance is still holding it's ground against BTC.
On the monthly chart, there has been a price flip to a green 1 which is a positive development. A drop in dominance this month would also initiate a TD 9 buying opportunity, and therefore unlike the Weekly chart could still be considered bullish.
A break above 33% (previous highs) would likely lead to the initial target of the 0.5 fib retracement around 35%.