Bullish breakout : Entry price 1486.0 Take Profit 1517.4 Stop Loss 1471.1
BTCDOM/USDT just watch Bitcoin dominance starting to push down this plays a big role on Bitcoin where you can see a big Resistance zone on this chart if that resistance cant broke we are Bullish with BITCOIN for my opinion we can Take 22000$-23000$ if Dominance start to drop more down But if that resistance Broke We are Bearish and we comming first...
Bitcoin Dominance just printed a reversal pattern with a shooting star on top, seems ready for a correction. www.binance.com
Btdom can be in a continous consolidation. We can get an higher ....... Attention big volumes can come
as i said before if the price breaks the critical area and goes above it we could temporarily exit the market now its done and btcdom goes to retrace a little if it happen to break the critical area again, its the time to enter the market but if the retrace ends in this point as i prefer i will wait for a good retrace in the market i mentioned in btc chart it...
Bearish breakout : Entry price 1589.4 Take Profit 1552.4 Stop Loss 1605.7
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...
We can see a conformation! It's a bullish sigh for alts
If current support level on 2H and lower time frames won't able to hold we might see local BTC bounce to 29500 . Keep an eye on BTC DOM chart.
Most of the altcoins are on all time lows, the huge volume is going into those coins and I think, they are forming bottoms right now. We have very solid divergence on daily RSI on BTC Dominance -> this chart should find top and retest nice support at 1350 (at least). IMHO very good opportunity to buy altcoins at the moment, though this could be just mid-term...
L analyse du btcdom ns permet dapproffondir le sens du btc et surtout des Alts Coins ..... Pour une reprise haussiere du btc et des Alts coins nous devons attendre une ATH du dom . Une grande liquidation du prix du nivo 1580 a 1600 du btcdom.... Ce high nous fera prendre les alts coins et le btc a la hausse. En ce sens pour une entrée nous espérons une mini...
BTC Dom has been rising for a month in May, now is the beginning of correction. We can see a clearly Bearish divergence on 1D
First BTCDOM target hit, and is halfway through the second TP. Refer to linked post for reference =)
btc dom long trade - clear invalidation below .50 fib
Bullish breakout : Entry price 1491.2 Take Profit 1519.4 Stop Loss 1478.4
Need to be careful with DOM for now, maybe it create same pattern like before
Bearish breakout : Entry price 1505.5 Take Profit 1483.9 Stop Loss 1516.5
💎"The BTCDOM Index provides insights into the market and can be used as a tool to speculate on Bitcoin’s relative strength against altcoins. Essentially, the index measures the demand for Bitcoin relative to altcoins. When altcoins gain market share relative to Bitcoin, the BTCDOM index loses value. Conversely, when Bitcoin gains market share relative to altcoins,...