Btcdom
$BTCDOM/USDT 2D (#BinanceFutures) Big falling wedge breakoutBitcoin Dominance Index seems about to reverse, ahead of the Ethereum Merge it's an opportunity to hedge against big Altcoins.
⚡️⚡️ #BTCDOM/USDT ⚡️⚡️
Exchanges: Binance Futures
Signal Type: Regular (Long)
Leverage: Isolated (2X)
Amount: 11.8%
Current Price:
1197.3
Entry Zone:
1192.8 - 1144.0
Take-Profit Targets:
1) 1168.4
2) 1380.2
3) 1469.0
Stop Targets:
1) 1069.7
Published By: @Zblaba
Risk/Reward= 1:1.25 | 1:2.15 | 1:3.05
Expected Profit= +21.08% | +36.26% | +51.46%
Possible Loss= -16.90%
Fib. Retracement= 0.382 | 0.559 | 0.702
Margin Leverage= 2x
Estimated Gain-time= 3-4 months
Tags: #BTCDOMUSDT #BTCD #BitcoinDominance #Index #Futures #Derivatives #Dominance
Component Info:
www.binance.com
BTC.D gonna skyrocket while the SEC is gonna go after S***coinsBitcoin fails the Howey Test, because it is the only (crypto)currency without an issuer (government, corporation or "foundation"). Therefore, it is considered a commodity by US law.
Every other altcoins passes the Howey Test. That means that other cryptos are actually securities in the eyes of the US law.
But these securities aren't registered to the SEC, so they are actually unregistered securities, which are illegal in the US.
The SEC just started going after those unregistered securities and will probably go against them even harder with time.
This is very bad news for all altcoins.
Moreover, using the Wyckoff Method on the Daily chart to conduct our price analysis, we can see that it looks like we have an accumulation going on BTC.D.
BTCDOMUSDT SHORT ENTRYHere we can see that "BTCDOMUSDT" in 1 day time frame has a trendline resistance at "1432" and a support zone at "1341". If the price takes rejection from the resistance zone we can look for a good SHORT TRADE here. Entry zone at "1432" with a Tight Stoploss at 1455" ans a Target of "1340".
ENJOY!!!!!
Bitcoin Dominance UpdateIt looks like Dominance has broken all the hearts that believed in a huge alts rally!
Bitcoin Dominance (Tradingview) bounced from near the 40% area and it is expected to continue with bullishness, that too with Inflation data release waiting up tomorrow.!
Entry : 1326
Target : 1473 (0.5 of Fibo)
Stop : 1243 (Current day candle low)
Total no. of Analysis : 18
Successful trades : 12
NPNL : 3
Stop Hit : 2
Lost : 0
In Progress : 1
Bonus target is 0.618 of fibo ( 1557 ) in a worst case scenario.
Safe trading!! Cheers!!
BTC/USDT 4HOUR UPDATEHello, welcome to this BTC /USDT 4hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.
CHART ANALYSIS:-Bitcoin (BTC) prices rebounded on Friday, as markets began to prepare for the release of October’s nonfarm payrolls report.
The jobs day report is expected to show that 200,000 jobs were added to the U.S. economy last month, lower than September’s figure of 263,000.
BTC/USD rallied to a peak of $20,642.81 ahead of the report, moving away from Thursday’s low of $20,086.24 in the process.
Today’s surge sees the world’s largest token move towards a ceiling of $20,800, which was the last hit on October 30.
Since last week’s failed breakout, BTC mostly traded lower in the days that followed, with today’s rally one of the few days bullish momentum has trumped downward sentiment.
As of writing, the relative strength index (RSI) is tracking at 58.57, which is marginally below a ceiling of 59.00.
In order to reach $20,800 and above, this resistance will first need to be broken.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
thank you.
BITCOIN.DOMINANCE 2DAY UPDATE!!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BTC .D UPDATE:-BTC.D bounced from the horizontal support, currently facing local resistance and trying to break it.
An upward direction is expected if it successfully breaks out the local resistance. If it happens then we've to be cautious with ALTS.
Another possible scenario is a continuous rejection that would lead to the formation of a double top pattern, which would give a relief rally in ALTS.
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
BTC.Dominance : Get ready for Alts bloodbathBTC Dominance is consolidating inside a falling wedge and is currently at the range low and also, BTC.D reverses during every septembers across the years. Also, Alts are overvalued against Bitcoin and i am pretty confident about the upcoming Dominance move.
BTC Dominance heads and shoulders patternYes, it's early to predict but we have left shoulder, head only right shoulder is missing but in future we get the rights shoulder as well then we saw the downtrend rally and in the other hand BTC rally will hopefully in uptrend so, keep on eye on Dominance and trade safely
If you like my thoughts
Don't forget to press like button
#BITCOIN DOMINANCE 2DAY UPFDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BTC.D UPDATE:-
BTC dominance breakdown horizontal resistance retested successfully and currently moving towards its demand zone. As BTC.D is bearish and BTC is showing sideways behavior, that would be a bullish sign for ALTS, if BTC moves sideways or move upward.
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
BITCOIN DOMINANCEBTCDOM/USDT looking bullish we have a STRONG Support Trendline on Dominance and we have Demand Zone on 15min timeframe im waiting for this move on BTCDOM
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
BITCOIN DOMINANCEBTCDOM/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 19000$--16000$----14000$
ENJOY
$BTCDOM/USDT 2D (#BinanceFutures) Rising wedge on resistanceBitcoin 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 Leverage= 2x
Estimated Gain-time= 5-6 months
Tags: #BTCDOM #BTCDOMUSDT #BTCD #BitcoinDominance #Index #Futures #Derivatives #Dominance
Contract:
www.binance.com
BTC.Domination Analysis 9 June 2022#UPDATED
#BTC.D Analysis
still moving in ascending channel and rejected two times after hit nearly major resistance. but if we see from indicator BTC.D showing in overbought area which shoudly down first to retest indicator
center trendline be strong resistance any 4 times trying to breakout always rejected and back to support trendline
i this situation can't expect much . Alt season will happen if BTC.D breakdown And BTC sideways or up and instead if BTC.D up or pumping we will see ALT dominant dump
#BTC.DOMINANCE 1Hour CHART UPDATE !!Hello dear traders, we are new here so we ask you to support your ideas with your LIKE and COMMENT, feel free to ask any questions in the comments, and we will try to answer for all, thanks, Friends.
I have tried my best to get the best possible results in this chart.
Hello, dear traders welcome to this BTC.DOMINANCE 1Hr chart analysis.
Now Rejected from resistance and Holding 47.11% support.
We can see more Blood baths in #Altcoins
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...