BTCDOMUST.P trade ideas
BTCD BECOME BREAKOUT OR BREAKDOWN You can see BTCD is in a pretty precarious area where the next move will determine where the entire alt market moves.
BTC.D closing trade - successfully hitSee the related idea pinned below for context...
as all ALT/BTC pairs got rekt overnight. BTC.D pumped and had some good profits if leveraged. Hoping the market reverses now with ALTS pumping. closed trade.
Alts on bad, btc dom up
Hi
The money is short on the alts and ready to be on BTC.
In few days we could assist on the 21K bullrun.
Have a nice day,
Max.
BTC.D looks ready for the next leg upnothing more than described in the title. My TP is the green resistance zone and SL is right below the swing low. Low R/R but with size cuz I got some conviction on this one. I strongly beleive ALT/BTC pairs will bleed here
BTCDOM
BTCDOM Outlook
If BTCDOM manages to break above 1100.3, we are a little sad
Altcoins are going to sleep, I hope there will be a rejection so the market will recover
And Happy Asset Spot
trial to see if BTC.D future can be used as an indicatorthis is merely an idea to see if i can use the binance future chart on BTC.D to analyse bitcoin dominance
Black Friday Pattern!Wassup, wolves🔥
There is a ready to trade formation for you!
The price is slightly falling on a bigger frame.
It could be a good signal for bear-traders.
According to Elliott Waves theory all the waves are done and now the price is heading to the breakout.
However do not rush the trade and look for breakout.
There was a bearish fakeour already.
Follow the chart and look for the best price to enter carefully.
According to the situation on the market we do not predict price direction, we should react according to the breakout.
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BTCDOM (binance) to a new ATH?Why do I think it is good to long DOM?
1. Pump is much stronger than the dump.
2. DOM is testing the 0.236 of Fibo, tested for two times already!
3. Going to make an entry once the 1D chart closes above 1115.8 which the 0.236 of Fibo.
4. I will target 0.786 within a month or two. (1331.8 USD)
5. Before my target BTCDOM might consolidate at the 0.5 golden ratio zone. which I marked a red box before 1331.8.
Cheers guys!
Buy nowWe should expect some pump in no time according to the daily market structure price action retraced down to 0.6 Fibonacci retracement on 4h chart we’ve already seen a confirmation that price wants to start moving upward
$BTCDOM/USDT 3h (Binance Futures) Falling wedge break and retestBitcoin Dominance index seems to be reversing while Bitcoin is trying to make new All Time High.
Current Price= 1072.4
Buy Entry = 1066.0 - 1049.2
Take Profit= 1111.9 | 1170.6 | 1240.1
Stop Loss= 1012.2
Risk/Reward= 1:1.2 | 1:2.49 | 1:4.02
Expected Profit= +20.52% | +42.72% | +69.04%
Possible Loss= -17.16%
Fib. Retracement= 0.382 | 0.618 | 0.883
Margin Leverage= 4x
Estimated Gain-time= 3 weeks
BTCDOMPERP
This is what i think about this guy ( BTCDOM )
Please Be Careful For Long Position On AltCoin,
All Attacks Can Be Done from Any Angle
And Please Watch Your Step Make Sure Stop Loss Menu Can Work in Your Platform !
BTC will start anew.As BTC dominance goes down but still in MACD bullish zone, BTC still in the hunt for its ALL TIME HIGH (ATH).
Eth and other ALTS, goes up as BTC is waiting for a big pump bfore the month ends..
This is a very good November for us guys.
Stay positive!
Bitcoin dominance technical analysis Bitcoin dominance technical analysis in 30min . 2 types of though for trande
BTC Dominance is at Very Important LeelWhen BTC was at 64k,BTC Dominance recorded ATH,Now BTC D trading at a major resistane,If this break upwarsd,BTC wil definitly record new ATH,If dominance reject here,there will be massive alt seoson
BTC DOM BIG MOVEIf BTC DOM will drop to its major Support level, we are going to go for ALtcoin Season. BTC will rise but not as much as ALtcoins.
We are no forming a consolidation at 1020-1040$. For the mean time, let's wait for crypto investors where to put there investments.
BTC vs ALTSIf BTC Dom will go down do its support levels, it will be ALTs taking charge next month. but if it goes above its resistance, BTC will Dominate.
Next update will be on sunday.
