$BTC/USDT 30m (Binance Futures) Descending channel on support

Bitcoin risky scalp, expecting a bounce here.
Current Price= 29714.87
Buy Entry= 29535.51 - 29269.81
Take Profit= 29404.34 | 30585.17 | 31450.24
Stop Loss= 28747.25
Risk/Reward= 1:1 | 1:1.8 | 1:3.11
Expected Profit= +11.25% | +20.10% | +34.80%
Possible Loss= -11.25%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 5x
Estimated Gain-time= 72h
Current Price= 29714.87
Buy Entry= 29535.51 - 29269.81
Take Profit= 29404.34 | 30585.17 | 31450.24
Stop Loss= 28747.25
Risk/Reward= 1:1 | 1:1.8 | 1:3.11
Expected Profit= +11.25% | +20.10% | +34.80%
Possible Loss= -11.25%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 5x
Estimated Gain-time= 72h
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Related publications
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.