$BTC.D 3D (Cryptocap) Falling broadening wedge facing resistance

Bitcoin Dominance

Current Value= 64.00%
Sell Entry= 64.46%
Take Profit= 58.91%
Stop Loss= 66.31%

Risk/Reward= 1:3
Expected Profit= +8.61%
Possible Loss= -2.87%

Fib. Retracement= 1.414
Margin Leverage= 1x
Estimated Gain-time= 2880h

Handel aktiv:

Went down to 61% (-6.52%)

Bitcoin Dominance going well so far, breaking 59-58% level would lead to more alt pumping and road to 50%!

Kommentera:

Bounced back to 63%

Bitcoin Dominance is growing but still facing resistance and forming a rising wedge.
So, no time to sell ALT (at least not yet) and not panicking either!

Kommentera:

Bearish pennant broke-down

Bitcoin Dominance really seems to be heading lower now after that break and retest, hold on to your altcoins!

Kommentera:

About to retest broken triangle

Seems like Bitcoin Dominance could go up a last time before reaching our target.
Be safe with altcoins, could be wise to reduce exposure a bit!

Kommentera:

And up it went

Time of truth for Bitcoin Dominance, let's hope for a rejection now.

Kommentera:

Isn't that beautiful?

Bitcoin Dominance got rejected exactly were we expected to, great for alts, time to earn some sats!

Trade stängt: målet nått:

TP with -8.61%

Bitcoin Dominance followed my prediction nicely, that's why many altcoins went up!