$BTC/USDT 1h (#Bybit) Falling broadening wedge breakout & retest
⚡️⚡️ #BTC/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (3.0X)
Current Price:
39921.0
Entry Zone:
39925.0 - 39471.0
Take-Profit Targets:
1) 40764.0
2) 41746.0
3) 42459.5
Stop Targets:
1) 38806.0
Published By: @Zblaba
Bitcoin looks good for short-term recovery after showing some clear reversal signs!
Risk/Reward= 1:1.2 | 1:2.3 | 1:3.1
Expected Profit= +8.07% | +15.48% | +20.88%
Possible Loss= -6.75%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 3x
Estimated Gain-time= 3-4 days
Tags: #BTC #BTCUSD #XBT #WBTC #BTCB #Blockchain #PoW #Satoshi
Website: bitcoin.org
Contract:
#Mainnet
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (3.0X)
Current Price:
39921.0
Entry Zone:
39925.0 - 39471.0
Take-Profit Targets:
1) 40764.0
2) 41746.0
3) 42459.5
Stop Targets:
1) 38806.0
Published By: @Zblaba
Bitcoin looks good for short-term recovery after showing some clear reversal signs!
Risk/Reward= 1:1.2 | 1:2.3 | 1:3.1
Expected Profit= +8.07% | +15.48% | +20.88%
Possible Loss= -6.75%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 3x
Estimated Gain-time= 3-4 days
Tags: #BTC #BTCUSD #XBT #WBTC #BTCB #Blockchain #PoW #Satoshi
Website: bitcoin.org
Contract:
#Mainnet
Trade active
All entries filledBitcoin dipped retesting the wedge and is bouncing back so far.
Trade closed: target reached
TP1 reached with +8.07% (3x) and +1.2RBitcoin following the forecast nicely, such a timing for that local bottom catch!
Now approaching 100EMA resistance, Took some Profit and moved Stop Loss to lowest entry (39471.0)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.