With Bitcoin dominance continuing to rise, XRPBTC is rapidly approaching a multi-year trendline.
There is no guarantee that this trend line will hold, however, a touch on this trendline should provide a decent bounce and an excellent scalp opportunity for those of us not short.
Entry: I was lucky enough to grap a 2865 entry on Mex, however my larger orders are down at 2700 sats.
Target 1: 3766 sats
Target 2: 4000 sats
Stop/Loss would be a daily close below this trendline.
I will be posting an article on BTC Dominance which will further support this trade so please give this a like or a follow to stay updated!
The link will be shared below.
I wish you all the best of luck!
There is no guarantee that this trend line will hold, however, a touch on this trendline should provide a decent bounce and an excellent scalp opportunity for those of us not short.
Entry: I was lucky enough to grap a 2865 entry on Mex, however my larger orders are down at 2700 sats.
Target 1: 3766 sats
Target 2: 4000 sats
Stop/Loss would be a daily close below this trendline.
I will be posting an article on BTC Dominance which will further support this trade so please give this a like or a follow to stay updated!
The link will be shared below.
I wish you all the best of luck!
Comment:
BTC Dominance may be due for a correction:
Trade active
Creator of DepthHouse Indicators on TradingView!
↣ depthhouse.com/
↣ depthhouse.com/
