First of all, this idea/strategy, came to me while I was/am trading futures on Binance and practicing it made me realize that I have realized more profit than usual. It also helped me manage the risk/reward ratio.
In order to explain the strategy, remember that the whole idea of this strategy is to minimize the risk and maximize reward while trading futures and...
On this chart pattern, you can see Bitcoin Market Cap Domination which in my opinion is moving on a rising wedge.
With the latest pump, BTC.D held the lower support trendline and is yet to touch the upper resistance trendline.
Expecting it firstly to move on the upside and then to get refused on the 57.5%-58% upper resistance trendline, lose the support...
In this chart pattern and resistance/support zones, you will find that appart from the manipulation of the 1st of May, the Bull flag of BTC is still alive. As soon as the upper resistence is broken, the target price for this Bull flag is 104k.
