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BTCDOMF0 / USTF0

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BTCDOMUST.P trade ideas

$BTCDOM/USDT 2h (#BinanceFutures)Ascending triangle break retestBitcoin 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. Retracement= 0.618 | 1.117 | 1.414 Margin Leverage= 8x Estimated Gain-time= 10 days www.binance.com www.binance.com www.tradingview.com
Long
by TradingOn
A GOOD DAY FOR ALTS????Good day EVERYONE ..... welcome again for another classic analysis.... we all were giggling and all happy with alts after spike in btc price except you were in the other side of the market like me.... but before that spike something weird really happen the #btc.d was very strong and alts still pumped really hard that only tells you that the money inflow didnt just go to btc but it also went into alts massively now i suspect the dominance is bearish on the shoter term as we are still in a uptrend on the daily and its just and healthy correction this will give room for alts to grow more but once its becomes bullish again it might be dangerous for alts given the condition of btc even if we see some correction on btc price now as long as btc.d is still bearish alts will hold well. Thats my two cents..... if you like this pls share and like thanks.
by Brilliant_Brian_Tha_Brainiac
$BTCDOM/USDT 12h (#BinanceFutures) Rising wedge breakdownBitcoin 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 | 0.618 Margin Leverage= 4x Estimated Gain-time= 5 weeks Tags: #BTCDOM #BTCDOMUSDT #BTCD #BitcoinDominance #Index #Futures #Derivatives #Dominance www.binance.com www.binance.com www.tradingview.com
Short
by TradingOn