#BTCUSDT #4h (OKX Futures) Descending trendline break and retest

Bitcoin just regained 50MA support and is pulling back to it, looks ready for short-term recovery towards 200MA resistance, especially after that bullish hammer.

⚡️⚡️ #BTC/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Long)
Leverage: Isolated (5.0X)
Amount: 4.9%

Current Price:
57886.5

Entry Targets:
1) 57738.1

Take-Profit Targets:
1) 62483.9

Stop Targets:
1) 55359.4

Published By: @Zblaba

BTC BTCUSDT.P #4h #Bitcoin #PoW bitcoin.org

Risk/Reward= 1:2.0
Expected Profit= +41.1%
Possible Loss= -20.6%
Estimated Gaintime= 1 week

Bitcoin (Cryptocurrency)BTCBTCUSDTbullishhammercryptofuturesMoving AveragesokxPOWsatoshiSupport and ResistanceTrend Lines

Also on:

Related publications

Disclaimer