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#BTC/USDT 15m (ByBit) Symmetrical triangle breakdown and retest
BTCUSDT Perpetual Contract
Short
#BTC/USDT 15m (ByBit) Symmetrical triangle breakdown and retest
By TradingOn
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Updated
Dec 11, 2023
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Dec 7, 2023
Bitcoin is retesting local supply zone and printed a death cross + an evening star, looks ready for a retracement down on Low Time-Frame.
⚡️⚡️ #BTC/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (35.0X)
Amount: 5.0%
Current Price:
43593.7
Entry Targets:
1) 43789.6
Take-Profit Targets:
1) 42287.0
Stop Targets:
1) 44291.3
Published By: @Zblaba
BTC
BTCUSDT.P
Risk/Reward= 1:3.0
Expected Profit= +120.1%
Possible Loss= -40.1%
Estimated Gaintime= 1-2 days
Dec 7, 2023
Trade active
ByBit USDT
BTCUSDT.P
All entry targets achieved
Average Entry Price: 43789.6 💵
BTC
just filled entry on that 200MA bearish retest, quite accurate so far.
Dec 11, 2023
Trade closed: stop reached
ByBit USDT
BTCUSDT.P
Stoploss ⛔️
Loss: 40.0997% 📉
BTC
finally saw a sell-off, unfortunately we got stopped out before but bearish bias was on point.
Bitcoin (Cryptocurrency)
BTC
BTCUSDT
bybit
deathcross
Moving Averages
p2p
POW
Relative Strength Index (RSI)
Supply and Demand
Triangle
xbt
TradingOn
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