$BTC/USD 12h (Coinbase) Head and Shoulders near breakdown
Bitcoin big correction could be coming during 30 next days before resuming bullish again.
So far, I am not creating the signal in Binance Futures, this pattern isn't confirmed yet, need to break the neckline down then retest it first.
But I am selling back some of my BTC hold to have enough Fiat (~25-40%) so I would be able to buy back if happens.
No need to panic anyway, I am still holding many Altcoins and I don't plan on selling already!
Current Price= 35083.69
Sell Entry= 34862.20 - 36917.34
Take Profit= 30646.08 | 25054.31 | 21718.54
Stop Loss= 41030.60
Risk/Reward= 1:1 | 1:2.08 | 1:2.72
Expected Profit= +14.49% | +30.09% | +39.40%
Possible Loss= -14.49%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 720h
So far, I am not creating the signal in Binance Futures, this pattern isn't confirmed yet, need to break the neckline down then retest it first.
But I am selling back some of my BTC hold to have enough Fiat (~25-40%) so I would be able to buy back if happens.
No need to panic anyway, I am still holding many Altcoins and I don't plan on selling already!
Current Price= 35083.69
Sell Entry= 34862.20 - 36917.34
Take Profit= 30646.08 | 25054.31 | 21718.54
Stop Loss= 41030.60
Risk/Reward= 1:1 | 1:2.08 | 1:2.72
Expected Profit= +14.49% | +30.09% | +39.40%
Possible Loss= -14.49%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 720h
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