BTC.D Bitcoin Dominance - ALT SEASON! +Weekly Head and Shoulders
Bitcoin Dominance Weekly Chart (BTC.D)
- On the chart we can see 2x Head and Shoulders Pattern.
- Currently the second one is bearish and the price is currently on the HaS neckline support.
- You can trade this upcoming breakout of the pattern simply by buying altcoins. Or by exchanging bitcoin for altcoins.
- As you can see we have a double top reversal pattern on the weekly swing highs (September 2019 and December 2020).
- Expected duration of the trade, Stop Loss, Profit Target, Entry Price and Risk To Reward Ratio - for more information, please check my signature below ↓
- 200 weekly moving average can serve as a resistance in the near future.
- Don't miss my upcoming updates and new ideas.
- A question is where is the target. We can target 0.618 FIB retracement + bottom of the trendline + Head and Shoulders (conservative target).
- If you want to see more of these ideas, hit "Like" & "Follow"!
- On the chart we can see 2x Head and Shoulders Pattern.
- Currently the second one is bearish and the price is currently on the HaS neckline support.
- You can trade this upcoming breakout of the pattern simply by buying altcoins. Or by exchanging bitcoin for altcoins.
- As you can see we have a double top reversal pattern on the weekly swing highs (September 2019 and December 2020).
- Expected duration of the trade, Stop Loss, Profit Target, Entry Price and Risk To Reward Ratio - for more information, please check my signature below ↓
- 200 weekly moving average can serve as a resistance in the near future.
- Don't miss my upcoming updates and new ideas.
- A question is where is the target. We can target 0.618 FIB retracement + bottom of the trendline + Head and Shoulders (conservative target).
- If you want to see more of these ideas, hit "Like" & "Follow"!
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.