$BTCDOM/USDT 12h (#BinanceFutures) Rising wedge on resistance
Bitcoin Dominance Index just printed an Evening Star and is likely to reverse from up here.
Current Price= 1320.3
Sell Entry= 1320.0 - 1345.6
Take Profit= 1267.1 | 1215.9 | 1172.0
Stop Loss= 1381.6
Risk/Reward= 1:1.35 | 1:2.4 | 1:3.3
Expected Profit= +24.65% | +43.85% | +60.30%
Possible Loss= -18.30%
Fib. Retracement= 0.236 | 0.382 | 0.5
Margin Leverage= 5x
Estimated Gain-time= 1.5 months
Tags: #BTCDOM #BTCDOMUSDT #BTCD #BitcoinDominance #Index #Futures #Derivatives #Dominance
binance.com/en/futures/funding-history/3?contract=BTCDOMUSDT
Current Price= 1320.3
Sell Entry= 1320.0 - 1345.6
Take Profit= 1267.1 | 1215.9 | 1172.0
Stop Loss= 1381.6
Risk/Reward= 1:1.35 | 1:2.4 | 1:3.3
Expected Profit= +24.65% | +43.85% | +60.30%
Possible Loss= -18.30%
Fib. Retracement= 0.236 | 0.382 | 0.5
Margin Leverage= 5x
Estimated Gain-time= 1.5 months
Tags: #BTCDOM #BTCDOMUSDT #BTCD #BitcoinDominance #Index #Futures #Derivatives #Dominance
binance.com/en/futures/funding-history/3?contract=BTCDOMUSDT
تم فتح الصفقة
2/3 entries filledBitcoin Dominance Index is breaking down, following the plan nicely with up to +17.90% (5x) so far.
أغلقت الصفقة: تم الوصول للهدف
TP1 reached with +24.65% (5x) and +1.35RBitcoin Dominance Index broke the wedge down and is heading towards 2nd target, the Evening Star worked as a charm!
100EMA (orange) support was just lost as well, looks good for more #Altcoin relief, SL edited to highest entry (1345.6) now.
أغلقت الصفقة: تم الوصول للهدف
TP2 reached with +43.85% (5x) and +2.4RBitcoinDominance Index continued with the local downtrend and seems to be road to 200MA support!
Don't forget to book some profit here, SL edited to lowest entry (1320.0) to secure the trade.
أغلقت الصفقة: تم الوصول للهدف
TP3 reached with +60.30% (5x) and +3.3R🎯BitcoinDominance Index lost 200MA support and made it to final target, that's a wrap!
RSI is back to its lowest level, that means a bounce would make sense, trade is fully closed.
Always manage risk, respect leverage & position size!
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
Always manage risk, respect leverage & position size!
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.