$BTC/USDT 4h (Binance Futures) Descending parabolic channel
Updated
Bitcoin did a nasty leg down, I guess it's time to scalp it back up now.
Current Price= 30727.61
Buy Entry= 30951.17 - 30236.10
Take Profit= 32590.69 | 33899.28 | 36142.26
Stop Loss= 28936.44
Risk/Reward= 1:1 | 1:1.65 | 1:2.77
Expected Profit= +13.02% | +21.58% | +36.24%
Possible Loss= -13.10%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 2x
Estimated Gain-time= 120h
Current Price= 30727.61
Buy Entry= 30951.17 - 30236.10
Take Profit= 32590.69 | 33899.28 | 36142.26
Stop Loss= 28936.44
Risk/Reward= 1:1 | 1:1.65 | 1:2.77
Expected Profit= +13.02% | +21.58% | +36.24%
Possible Loss= -13.10%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 2x
Estimated Gain-time= 120h
Trade closed: target reached
TP1 reached with +13.02% (2x) and 1RBitcoin bounced very nicely, taking some profit here and letting run the rest aiming for higher target(s)!
Trade closed: target reached
TP2 reached with +21.58% (2x) and 1.65RBitcoin pushed up a bit more, road to last target now...
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