$BTCDOM/USDT 12h (#BinanceFutures) Rising wedge breakdown

18 feb 2022

Bitcoin 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

binance.com/en/support/faq/e3b1ab97a3e24df4b0e41a469ccf7a21
binance.com/en/futures/funding-history/3?contract=BTCDOMUSDT

tradingview.com/markets/cryptocurrencies/global-charts/

21 feb 2022

Trade attivo

All entries filled

Bitcoin Dominance Index is retesting 50MA on Low Time-Frame, let's see if it gets rejected again.

21 feb 2022

Trade chiuso: stop raggiunto

SL hit with -14.32% (4x) and -1R

Bitcoin Dominance Index pushed higher before getting rejected, unfortunately we've got stop hunted by 0.1$
Seems like the PC bot has not closed yet, If you are still holding, targets remain valid!