TradingOn

$BTC/USDT 8h (Binance Futures) Descending channel true breakout

Long
TradingOn Mis à jour   
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Let's hope Bitcoin won't fake it again this time!

Current Price= 34999.99
Buy Entry= 34864.03 - 33983.83
Take Profit= 37150.53 | 40588.38 | 46350.67
Stop Loss= 32591.51

Risk/Reward= 1:1.49 | 1:3.36 | 1:6.51
Expected Profit= +15.84% | +35.82% | +69.30%
Possible Loss= -10.64%

Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 2x
Estimated Gain-time= 420h
Trade fermée: cible de profit atteinte:
TP1 reached with +15.84% (2x) and 1.49R

Perfect breakout for Bitcoin, I am taking some partial profit here.

Commentaire:
TP2 with +35.82% (2x) and 3.36R

Bitcoin kept going up and reached my second target, very nice profit! Still room to grow.

Trade fermée: cible de profit atteinte:
TP3 with +69.30% (2x) and 6.51R

That's a wrap for Bitcoin, all targets reached yesterday, so accurate!
Trade is closed but this does not look topped at all so I will keep an eye on it to long again.
By the way, I'm still maintaining my position in Bybit and surely holding BTC in Spot for mid-term.


Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.