BTCDOMUST.P trade ideas
$BTCDOM/USDT 2D (#BinanceFutures) Ascending trendline retestBitcoin 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 Leverage= 3x
Estimated Gain-time= 3-4 months
Tags: #BTCDOM #BTCDOMUSDT #BTCD #BitcoinDominance #Index #Futures #Derivatives #Dominance
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Btc dom bullishExpecting btc to crab / chop down while btc/alts bleed. Should give btc.dom a nice leg up
BTCDOM Movement In Couple of Days, Alts will sleep ?BINANCE:BTCDOMUSDTPERP
Eye contacting BTCDOM since its breakout from its pennant . 1220 must be resist that hard to break . Expecting some reversal up there.
Meanwhile Alts will sleep a bit till BTC make another move. Hoping out that BTC can break 42.5k resist so Alts will follow.
Dominance to continue falling? Short Signal.I'm expecting a further drop of dominance to the next support around 1175!
Rejecting from the 1 of Trend based Fibo.
and have a good chance to fall lower to the next huge support 1070!
TP1 - 1175
TP2 - 1070
This maybe just the beginning of Alts season.
Safe Trading!
BTCDOMBINANCE:BTCDOMUSDTPERP
Position : LONG
Stop loss : 1230.2
Target : 1241.4_1243.7_1245.3_1246.9_1248.9-1252.1
BTC.D perps planpretty confident we get a double or at least a single tap of the 0.5 retracements. This will allow stronger alts and eth to run with it.
After,
1) if lengthening cycles do play out, I think an alt season is on the cards with BTC.dom falling way further.
2) if the majority opinion of a dead cat to 47-52 and then sub 30k plays out. I think ALT/BTC pairs will bleed very hard. and naturally lead to BTC.D making new local highs.
Long BTCDOMUSDTPERP Binance 4HLong BTCDOMUSDTPERP Binance 4H
Long on BTCDOM look like we can have cup and handle pattern ;) and TSI is on the bottom with bullish divergence.
$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
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Market uncertainty: BTC.D to validate another trade soon! LONGBitcoin has been underpressure after NFP release, which is big and strongly affects the USD.
Pergerakan BTC.Dom mulai tenggelam di area oversold. Apabila ada Bullish divergence dan disertai konfirmasi pembalikan arah pada area harga 1276-1280, maka entry LONG akan valid.
SMALL MARGIN only that you afford to LOSE.
DYOR and good luck!
follow and like ya!
BTCD To Alt Season or more blood shedHere is a macro look at BTCD. Some know and others don't but this is direct correlation and haw bad your alt coins bleed or when they pump ridiculous. A move is coming not sure which way. Looks like blood shed to me tho!
Btc dominance Touched Major resistanceOn 4Hr chart We can see Rising pattern. The dominance touched the major resistance and got rejected.
In my opinion dominance will eventually come down and alts will start pumping.
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.
BTCDOM Short Position? 22.3.1Im say nothing. Just write me your perception about this chart and altcoin conditions ;)
⚠️ This Analysis will be updated ...
👤 Sadegh Ahmadi: @SDQ_Crypto
📅 1.Mar.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better❤️
BTCDOM LONG SETUPBTCDOM is currently testing its short term support + 4h tf dynamic support. It also broke the run-and-bump top trendline. Take profit is at 1280. SL if bar closes below the trendline on 4h timeframe.
Something fishy cooking in here!A rising wedge and we had a fakeout!
$1240 is an important level!
If broken, we can see some rich downside movement!
$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
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BTC Dominance - correction done ?I have just opened long on bitcoin dominance futures. It looks like ABC flat correction off the top is completed, so altcoins should be underperforming BTC in next days/weeks - altcoins will be dropping much more than BTC, or BTC will be pumping much more than altcoins (well if I am right).
