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.