TRADE BTC OR ALTCOINS BY ANALYSIS BTCDOM AND TAKE BIG PROFIT🔥🔥🔥
Today I will share when you can buy or sell BTC and when you can buy or sell Altcoins by analysis BTCDOM chart to make huge profit. You will find BTCDOM trading chart in #Binance Futures.
● BTCDOM or #BTC Dominance chart indicates that peoples are interested to buy BTC or Altcoins. When BTCDOM chart candle Up, it's indicates peoples are buying BTC and selling Altcoins. When Down, it's indicates peoples are selling BTC and buying Altcoins.
● You need to draw support and resistance line on BTCDOM chart to trade BTC or Altcoins and it is very important. Otherwise, you can't trade properly (see attached image for more clear).
● As per attached chart, you will see BTCDOM 1D candle dropped from the support zone today and that's why all Altcoins are start pumping. In this stage, you can hold your Altcoins until BTCDOM touch the next support zone.
● When BTCDOM touch the next support zone and start pumping, you can sell your Altcoins and take profit. Now wait 1/2 days for observation the BTCDOM chart and if you see peoples are started buying BTC, so you can also buy BTC. Make sure you will sell your BTC and take profit if BTCDOM started dumpling. No need to take any risk.
● Remind! I suggest you to don't trade on BTCDOM and avoid Futures trade if you are new trader in crypto market. Otherwise, you make loss from maximum Futures trade as crypto market are volatile and try to liquided stop loss.
NOTE: I'm not a professional trading expert and financial advisor. I just share above strategies based on my opinion and experience in the crypto trading market.