Short

#BTCUSDT #4h (Bitget Futures) Rising wedge on resistance

Updated

Bitcoin uptrend looks exhausted and keeps getting rejected on overbought RSI zone, a retracement down to 100EMA support seems around the corner.

⚡️⚡️ #BTC/USDT ⚡️⚡️
Exchanges: Bitget Futures
Signal Type: Regular (Short)
Leverage: Isolated (15.0X)
Amount: 5.0%

Current Price:
106966.8

Entry Zone:
107142.0 - 108740.0

Take-Profit Targets:
1) 104521.8
1) 101946.7
1) 99371.7

Stop Targets:
1) 110802.2

Published By: @Zblaba

#4h #Bitcoin bitcoin.org

Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +47.5% | +83.3% | +119.1%
Possible Loss= -39.8%
Estimated Gaintime= 1-2 weeks

Trade active

Entered entry zone
Period: 24 Minutes

Trade closed: target reached

TP1 with +1.2R

#BTC/USDT Take-Profit target 1 ✅
Profit: 43.9221% 📈
Period: 1 Days 10 Hours 18 Minutes ⏰

got rejected on supply zone, formed a gravestone doji then retraced down as forecast, quite a timing!

Note

#4h (Bitget Futures) TP3 with +3.0R

#BTC/USDT All take-profit targets achieved 😎
Profit: 79.795% 📈
Period: 1 Days 15 Hours 59 Minutes ⏰

went straight down to 100EMA support, impressive accuracy.

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