$BTCDOM/USDT 4h (#BinanceFutures) Evening star on resistance

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

Note

Current Price= 1688.0
Sell 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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