BTC/USDT 1D (Binance Spot) Big ascending channel trending
Updated
#Bitcoin is up trending again and killing it all, let's try to catch a dip on a pullback for a nice swing!
This is the Spot pair chart, but we will trade it on Futures with low leverage, wait for entry zone to be reached.
Current Price= 14889.62
Buy Entry= 14552.30 - 14032.30
Take Profit= 15096.00 | 15799.90 | 16699.37
Stop Loss= 13488.60
Risk/Reward= 1:1 | 1:1.88 | 1:2.99
Expected Profit= +11.24% | +21.10% | +33.68%
Possible Loss= -11.24%
Fib. Retracement= 2 | 2.272 | 2.618
Margin Leverage= 2x
Estimated Gain-time= 1440h
This is the Spot pair chart, but we will trade it on Futures with low leverage, wait for entry zone to be reached.
Current Price= 14889.62
Buy Entry= 14552.30 - 14032.30
Take Profit= 15096.00 | 15799.90 | 16699.37
Stop Loss= 13488.60
Risk/Reward= 1:1 | 1:1.88 | 1:2.99
Expected Profit= +11.24% | +21.10% | +33.68%
Possible Loss= -11.24%
Fib. Retracement= 2 | 2.272 | 2.618
Margin Leverage= 2x
Estimated Gain-time= 1440h
Trade active
First entry filled and bouncedTrade closed: target reached
TP2 reached with +18% (2x) I really hope you held that position during the weekend, nice profit for #Bitcoin with low leverage as I like it!
Last target is obviously still in play, but I always recommend waiting for a decent dip to enter and follow the uptrend.
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