$BTCDOM/USDT 8h (Binance Futures) Rising wedge break and retest
BitcoinDominance is creating a possible double top here, let's catch it on the pull-back.
Current Price= 1151.3
Sell Entry= 1153.9 - 1168.7
Take Profit= 1126.2 | 1097.0 | 1049.0
Stop Loss= 1190.6
Risk/Reward= 1:1.2 | 1:2.19 | 1:3.83
Expected Profit= +18.12% | +33.24% | +58.02%
Possible Loss= -15.12%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 6x
Estimated Gain-time= 3 weeks
Current Price= 1151.3
Sell Entry= 1153.9 - 1168.7
Take Profit= 1126.2 | 1097.0 | 1049.0
Stop Loss= 1190.6
Risk/Reward= 1:1.2 | 1:2.19 | 1:3.83
Expected Profit= +18.12% | +33.24% | +58.02%
Possible Loss= -15.12%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 6x
Estimated Gain-time= 3 weeks
Transaction en cours
Both entries filledBitcoinDominance retested the local top and the wedge and seems to be rejected again, good for Altcoins!
Trade fermée: ordre d’arrêt atteint
SL hit with -15.12% and -1RBitcoinDominance broke-out bullish after all, looks like a last leg up is due before retracing down.
Trade fermée: cible de profit atteinte
TP2 would have been reached with +33.24% (6x)Too bad we got Stop hunted on that first set-up, I hope you re-entered manually as well.
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.