$BTC/USDT 12h (#Bybit) Ascending trendline retest
Updated
Bitcoin just printed a shooting star like 6 months ago, which is a reversal candlestick.
Also, we got a bearish divergence on RSI, this could finally lead to a retracement down to 100EMA.
⚡️⚡️ #BTC/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (7.0X)
Amount: 6.8%
Current Price:
23776.0
Entry Zone:
23809.5 - 24317.5
Take-Profit Targets:
1) 22860.5
2) 21954.5
3) 21049.0
Stop Targets:
1) 25070.0
Published By: @Zblaba
Also, we got a bearish divergence on RSI, this could finally lead to a retracement down to 100EMA.
⚡️⚡️ #BTC/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (7.0X)
Amount: 6.8%
Current Price:
23776.0
Entry Zone:
23809.5 - 24317.5
Take-Profit Targets:
1) 22860.5
2) 21954.5
3) 21049.0
Stop Targets:
1) 25070.0
Published By: @Zblaba
Trade closed: target reached
🎯TP1 with +35.0% (7x) and +1.2RBitcoin got rejected on 24k supply zone as planned and went for first target.
SL adjusted above entry to secure the trade after partially taking profit!
Trade closed: target reached
🎯TP2 reached with +61.4% (7x) and +2.1RBitcoin lost local support and continued with the retracement down.
Now heading towards final target, SL adjusted below entry to secure the trade!
#BTCUSDT #XBT #PoW
Trade closed manually
Remaining position closed with +7.4% (7x) and +0.25RBitcoin bounced before reaching final target and went all the way back to supply zone, kicking us out.
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