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

27. Jan. 2021

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

7. Apr. 2021

Trade ist 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%!

7. Apr. 2021

Anmerkung

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!

7. Apr. 2021

Anmerkung

Bearish pennant broke-down

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

7. Apr. 2021

Anmerkung

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!

7. Apr. 2021

Anmerkung

And up it went

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

7. Apr. 2021

Anmerkung

Isn't that beautiful?

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

7. Apr. 2021

Trade geschlossen: Ziel wurde erreicht

TP with -8.61%

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