$BTCDOM/USDT 4h (#BinanceFutures) Evening star on resistance
Updated
Bitcoin Dominance just printed a reversal pattern with a shooting star on top, seems ready for a correction.
binance.com/en/futures/funding-history/3?contract=BTCDOMUSDT
binance.com/en/futures/funding-history/3?contract=BTCDOMUSDT
Note
Current Price= 1688.0Sell Entry= 1724.4 - 1769.8
Take Profit= 1635.8 | 1552.0 | 1486.8
Stop Loss= 1840.2
Risk/Reward= 1:1.2 | 1:2.1 | 1:2.8
Expected Profit= +19.11% | +33.51% | +44.70%
Possible Loss= -15.99%
Fib. Retracement= 0.382 | 0.559 | 0.702
Margin Leverage= 3x
Estimated Gain-time= 2-3 weeks
Tags: #BTCDOM #BTCDOMUSDT #BTCD #BitcoinDominance #Index #Futures #Derivatives #Dominance
Trade closed: target reached
TP1 would have been reached with up to +19.56% (3x)BitcoinDominanceIndex is retracing down nicely, unfortunately entry was missed by 16$...
Congrats if you took it anyway, glad to see #Altcoin are finally reacting better than Bitcoin!
Trade closed: target reached
TP2 would have been reached with +34.29% (3x)Looks like it will go for final target now!
Trade closed: target reached
TP3 would have been reached with up to +42.90% (3x)Bitcoin Dominance Index kept going down as forecast, time to Take full Profit if you were still holding!
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