BTC Dominance is bearish (4H)

7 lut

Bitcoin dominance has hit a very strong supply zone, and we should not forget this.

From this point or after touching the supply, it may move toward the specified TP levels.

Since a large number of sell orders have been accumulated, we expect a deeper drop.

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You

11 lut

Zlecenie aktywne

When everyone was talking about a bullish flag on this index, we analyzed its bearish potential. It didn't exactly reach our entry zone, but our bearish view on Bitcoin dominance was correct. It could drop to the green levels.