$BTC/USDT 4h (Binance Futures) Falling broadening wedge breakout
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Bitcoin has broken out bullish locally then got rejected on 100EMA.
Now it is pulling back and about to retest the wedge, let's catch next dip!
Current Price= 32734.74
Buy Entry = 31964.00 - 31176.00
Take Profit= 34498.00 | 35988.00 | 38235.00
Stop Loss= 29472.00
Risk/Reward= 1:1.4 | 1:2.11 | 1:3.18
Expected Profit= +27.81% | +41.97% | +63.33%
Possible Loss= -19.95%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 3x
Estimated Gain-time= 2 weeks
Now it is pulling back and about to retest the wedge, let's catch next dip!
Current Price= 32734.74
Buy Entry = 31964.00 - 31176.00
Take Profit= 34498.00 | 35988.00 | 38235.00
Stop Loss= 29472.00
Risk/Reward= 1:1.4 | 1:2.11 | 1:3.18
Expected Profit= +27.81% | +41.97% | +63.33%
Possible Loss= -19.95%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 3x
Estimated Gain-time= 2 weeks
Dagangan aktif
First entry filledBitcoin kept dipping as expected and reacted well on demand zone so far.
Dagangan ditutup: sasaran tercapai
TP1 reached with +27.81% (3x) and +1.4RBitcoin bounced back up as planned and regained 100EMA, that's a relief 🙌🏼
Nota
Possible next moveBitcoin could retest 100EMA before continuing bullish, we are not switching to bear here.
Dagangan ditutup: sasaran tercapai
TP2 reached with +41.97% (3x) and +2.11RNo pulling back, Bitcoin kept pushing up and brought us a very nice profit from local bottom! 💪🏼
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Penafian
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