BTCDOMUSDT is showing signs of being overheated, and we believe the price may have topped out, at least in the short term. This comes after a strong rejection at the double Fibonacci resistance level around the psychological 2600 mark, suggesting that a significant pullback could be coming. Currently, the price seems ready for a relief bounce, which should mark...
Bitcoin Dominance is pulling back towards 50MA resistance on daily, seems likely to get rejected next. ⚡️⚡️ #BTCDOM/USDT ⚡️⚡️ Exchanges: Binance Futures Signal Type: Regular (Short) Leverage: Isolated (6.0X) Amount: 6.0% Current Price: 2374.2 Entry Targets: 1) 2411.5 Take-Profit Targets: 1) 2010.3 Stop Targets: 1) 2612.6 Published By: @Zblaba ...
The acquisition of Bitcoin, other than stable currencies, fell in wave A in five strong waves, and then rose in three waves to retest the summit. It is possible that wave C will be completed, and there will be five waves of decline in the shaded area.. Let us see what will happen Note: The analysis fails if it closes higher than the area 1712
Bitcoin 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)...
Bitcoin Dominance just printed a reversal pattern with a shooting star on top, seems ready for a correction. www.binance.com
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...
💎"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,...
BTC.D I'm seeing a reversal at this point , next weekly open can be good for alts in my opinion 44.62% and 44.17% acting as a strong resistance here . But on the other side if we close a few daily above 44.62% we may see another blood bath in this month , else a drop till 42.63 level is quite possible . BTC might range till 20Th of may and Dominance going lower ....
Bitcoin Dominance Index has been rejected with a Hanging man pattern and could resume the downtrend. Current Price= 1275.5 Sell Entry= 1275.0 - 1305.0 Take Profit= 1196.9 | 1129.7 | 1063.1 Stop Loss= 1364.5 Risk/Reward= 1:1.25 | 1:2.15 | 1:3.05 Expected Profit= +21.66% | +37.29% | +52.77% Possible Loss= -17.34% Fib. Retracement= 0.382 | 0.559 | 0.786 Margin...
Bitcoin Dominance Index broke-out bullish on Low Time-Frame (LTF), let's catch next pull-back to 50MA support for continuation scenario. Current Price= 1273.5 Buy Entry= 1260.1 - 1248.7 Take Profit= 1285.0 | 1311.5 | 1330.9 Stop Loss= 1228.8 Risk/Reward= 1:1.2 | 1:2.23 | 1:2.99 Expected Profit= +19.52% | +36.40% | +48.80% Possible Loss= -16.32% Fib....
Bitcoin Dominance Index just lost 50MA support and seems to be heading lower, that would be a nice relief for Altcoin. Current Price= 1205.1 Sell Entry= 1209.2 - 1228.8 Take Profit= 1162.2 | 1131.3 | 1101.2 Stop Loss= 1262.7 Risk/Reward= 1:1.3 | 1:2 | 1:2.7 Expected Profit= +18.64% | +28.76% | +38.64% Possible Loss= -14.32% Fib. Retracement= 0.382 | 0.5 |...
Bitcoin Dominance index seems to be reversing while Bitcoin is trying to make new All Time High. Current Price= 1072.4 Buy Entry = 1066.0 - 1049.2 Take Profit= 1111.9 | 1170.6 | 1240.1 Stop Loss= 1012.2 Risk/Reward= 1:1.2 | 1:2.49 | 1:4.02 Expected Profit= +20.52% | +42.72% | +69.04% Possible Loss= -17.16% Fib. Retracement= 0.382 | 0.618 | 0.883 Margin...
Bitcoin Dominance just broke-out bullish and is likely to continue short-term after 50MA retest. Current Price= 1080.1 Buy Entry = 1080.4 - 1072.5 Take Profit= 1104.2 | 1125.6 | 1156.7 Stop Loss= 1052.3 Risk/Reward= 1:1.15 | 1:2.04 | 1:3.33 Expected Profit= +20.64% | +36.56% | +59.68% Possible Loss= -17.92% Fib. Retracement= 0.5 | 0.618 | 0.786 Margin Leverage=...
#BitcoinDominance broke-down locally and is likely to retrace in the coming days. 50MA seems to be acting as resistance now, that would be a good thing for altcoins relief! Current Price= 1113.8 Sell Entry = 1116.2 - 1128.8 Take Profit= 1073.0 | 1025.2 | 992.5 Stop Loss= 1162.2 Risk/Reward= 1:1.25 | 1:2.45 | 1:3.27 Expected Profit= +17.64% | +34.68% |...