#BTC/USDT 3D (Binance Futures) Ascending channel on resistance

Bitcoin is facing historical supply zone and RSI about to enter overbought territory.
Local top seems near and price may retrace down to 50MA, mid-term.
⚡️⚡️ #BTC/USDT ⚡️⚡️
Exchanges: Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (5.0X)
Amount: 5.5%
Current Price:
51926.9
Entry Targets:
1) 52197.8
Take-Profit Targets:
1) 40814.3
Stop Targets:
1) 57903.8
Published By: @Zblaba
BTC 
BTCUSDT.P #Bitcoin #PoW #P2P bitcoin.org
Risk/Reward= 1:2.0
Expected Profit= +109.0%
Possible Loss= -54.7%
Estimated Gaintime= 2-4 months
Local top seems near and price may retrace down to 50MA, mid-term.
⚡️⚡️ #BTC/USDT ⚡️⚡️
Exchanges: Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (5.0X)
Amount: 5.5%
Current Price:
51926.9
Entry Targets:
1) 52197.8
Take-Profit Targets:
1) 40814.3
Stop Targets:
1) 57903.8
Published By: @Zblaba
Risk/Reward= 1:2.0
Expected Profit= +109.0%
Possible Loss= -54.7%
Estimated Gaintime= 2-4 months
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.