Bitcoin Dominance Index looks locally topped and about to reverse mid-term, let's give it another try!
Current Price= 1517.1
Sell Entry= 1517.1 - 1572.5
Take Profit= 1411.7 | 1311.6 | 1211.1
Stop Loss= 1656.1
Risk/Reward= 1:1.2 | 1:2.1 | 1:3
Expected Profit= +17.24% | +30.20% | +43.20%
Possible Loss= -14.40%
Fib. Retracement= 0.236 | 0.382 | 0.559
Margin Leverage= 2x
Estimated Gain-time= 5-6 months
Tags: #BTCDOM #BTCDOMUSDT #BTCD #BitcoinDominance #Index #Futures #Derivatives #Dominance
Contract:
www.binance.com...nding-history/3?contract=B...
Current Price= 1517.1
Sell Entry= 1517.1 - 1572.5
Take Profit= 1411.7 | 1311.6 | 1211.1
Stop Loss= 1656.1
Risk/Reward= 1:1.2 | 1:2.1 | 1:3
Expected Profit= +17.24% | +30.20% | +43.20%
Possible Loss= -14.40%
Fib. Retracement= 0.236 | 0.382 | 0.559
Margin Leverage= 2x
Estimated Gain-time= 5-6 months
Tags: #BTCDOM #BTCDOMUSDT #BTCD #BitcoinDominance #Index #Futures #Derivatives #Dominance
Contract:
www.binance.com...nding-history/3?contract=B...
Trade active:
1st entry filled
Bitcoin Dominance Index got rejected on supply zone as planned so far, time for Altcoin recovery?!
Bitcoin Dominance Index got rejected on supply zone as planned so far, time for Altcoin recovery?!
Trade active:
2nd & 3rd entries filled
BitcoinDominanceIndex wicked up a last time following the forecast, time to swing back Altcoin is near!
BitcoinDominanceIndex wicked up a last time following the forecast, time to swing back Altcoin is near!
Trade closed: stop reached:
SL hit with -14.40% (2x) and -1R
Bitcoin Dominance Index broke-out bullish after all, leading to more blood for Altcoin
How much longer that up-trend could last? Well it's hard to say, we'll keep looking for reversal signs!
Bitcoin Dominance Index broke-out bullish after all, leading to more blood for Altcoin
How much longer that up-trend could last? Well it's hard to say, we'll keep looking for reversal signs!