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

27 janv. 2021

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

28 janv. 2021

Trade fermée: cible de profit atteinte

TP1 reached with +11.25% (5x) and 1R

Wooow that was so fast, by the time I published in TradingView it was bouncing already.
I hope you managed to buy some Bitcoin anyway, what a bullish reaction!

28 janv. 2021

Trade fermée: cible de profit atteinte

TP2 reached with +20.10% (5x) and 1.8R

Crazy stuff going on, I'm glad I caught this move up for Bitcoin!

28 janv. 2021

Trade fermée: cible de profit atteinte

TP3 reached with +34.80% (5x) and 3.11R

Bitcoin made it to last target, then pulled back a last time before breaking the channel.
This trade is closed but I am still holding some BTC and I may long it again soon!

28 janv. 2021

Note

And it kept going up...

Bitcoin following my expectation again, that is a pleasant feeling! 😊