BTC/USDT 1h (Binance Futures) Parabolic curve near breakdown
Do you like risk? Well so do I, let's try to scalp a pullback of that #Bitcoin massive bull-run.
A simple retracement to at least ascending channel upper-line would be healthy, right now it's quite overbought.
After that, better switch to long again with low leverage on High Time Frame!
Current Price= 15176.04
Sell Entry= 15274.58 - 15429.58
Take Profit= 15121.04 | 14865.68| 14564.19
Stop Loss= 15581.12
Risk/Reward= 1:1 | 1:2.11 | 1:3.42
Expected Profit= +9.00% | +18.96% | +30.78%
Possible Loss= -9.72%
Fib. Retracement= 0.382 | 0.786 | 1.272
Margin Leverage= 6x
Estimated Gain-time= 72h
A simple retracement to at least ascending channel upper-line would be healthy, right now it's quite overbought.
After that, better switch to long again with low leverage on High Time Frame!
Current Price= 15176.04
Sell Entry= 15274.58 - 15429.58
Take Profit= 15121.04 | 14865.68| 14564.19
Stop Loss= 15581.12
Risk/Reward= 1:1 | 1:2.11 | 1:3.42
Expected Profit= +9.00% | +18.96% | +30.78%
Possible Loss= -9.72%
Fib. Retracement= 0.382 | 0.786 | 1.272
Margin Leverage= 6x
Estimated Gain-time= 72h
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