BTC/USDT 4h (Binance Futures) Descending triangle breakout

Bitcoin just broke-out that triangle, the idea is to enter on a pull-back retesting it.
20EMA seems to be supporting the up-trend, in case of breaking it down we would see more retracement I believe!
Current Price= 18082.14
Buy Entry= 17851.50 - 17571.50
Take Profit= 18227.66 | 18881.76 | 19360.46
Stop Loss= 17194.34
Risk/Reward= 1:1 | 1:2.27 | 1:3.19
Expected Profit= +11.68% | +26.44% | +37.24%
Possible Loss= -11.68%
Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 4x
Estimated Gain-time= 240h
20EMA seems to be supporting the up-trend, in case of breaking it down we would see more retracement I believe!
Current Price= 18082.14
Buy Entry= 17851.50 - 17571.50
Take Profit= 18227.66 | 18881.76 | 19360.46
Stop Loss= 17194.34
Risk/Reward= 1:1 | 1:2.27 | 1:3.19
Expected Profit= +11.68% | +26.44% | +37.24%
Possible Loss= -11.68%
Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 4x
Estimated Gain-time= 240h
노트
TP2 reached with +26.44% (4x)Bitcoin made it again during weekend, that was very nice to see.
Then it dipped, down to buy zone giving back entry for those who missed the first train.
Unfortunately, PC bot sold remaining position at entry, but I manually entered in Bybit aiming for last target 🤞🏼
If you did so too, don't forget to partially TP and move SL at BE!
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이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.