$BTCDOM/USDT 2D (#BinanceFutures) Big falling wedge breakout

14 thg 9, 2022

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) 1069.7

Published By: @Zblaba

Risk/Reward= 1:1.25 | 1:2.15 | 1:3.05
Expected Profit= +21.08% | +36.26% | +51.46%
Possible Loss= -16.90%

Fib. Retracement= 0.382 | 0.559 | 0.702
Margin Leverage= 2x
Estimated Gain-time= 3-4 months

Tags: #BTCDOMUSDT #BTCD #BitcoinDominance #Index #Futures #Derivatives #Dominance

Component Info:
binance.com/en/futures/funding-history/3?contract=BTCDOMUSDT

15 thg 9, 2022

Giao dịch đang hoạt động

1st entry filled

Bitcoin Dominance Index almost hit 2nd entry then bounced back after the Merge, great start with up to +11.80% (2x)

19 thg 9, 2022

Đóng lệnh: đạt mục tiêu

TP1 reached with +21.08% (2x) and +1.25R🎯

Bitcoin Dominance Index went straight up where it got rejected on 100EMA (orange) resistance so far.
Higher targets are still in play, let's update SL below lowest entry (1143.9$) anyway!

7 thg 3, 2023

Đóng lệnh: đạt mục tiêu

🎯 TP3 reached with +51.5% (2x) and +3.05R

Bitcoin Dominance finally made it to last target, set-up fully played out!
We can see a rising wedge now, as soon as it breaks down we'll see a relief rally on big Altcoin