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BTCUSDT Perpetual Contract
Short
Updated

#BTC/USDT 15m (ByBit) Symmetrical triangle breakdown and retest

313
Bitcoin is retesting local supply zone and printed a death cross + an evening star, looks ready for a retracement down on Low Time-Frame.

⚡️⚡️ #BTC/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (35.0X)
Amount: 5.0%

Current Price:
43593.7

Entry Targets:
1) 43789.6

Take-Profit Targets:
1) 42287.0

Stop Targets:
1) 44291.3

Published By: @Zblaba

BTC BTCUSDT.P

Risk/Reward= 1:3.0
Expected Profit= +120.1%
Possible Loss= -40.1%
Estimated Gaintime= 1-2 days
Trade active
ByBit USDT
BTCUSDT.P All entry targets achieved
Average Entry Price: 43789.6 💵

BTC just filled entry on that 200MA bearish retest, quite accurate so far.

snapshot
Trade closed: stop reached
ByBit USDT
BTCUSDT.P Stoploss ⛔️
Loss: 40.0997% 📉

BTC finally saw a sell-off, unfortunately we got stopped out before but bearish bias was on point.

snapshot
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Also on:
Bitcoin (Cryptocurrency)BTCBTCUSDTbybitdeathcrossMoving Averagesp2pPOWRelative Strength Index (RSI)Supply and DemandTrianglexbt

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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.
Bitcoin (Cryptocurrency)BTCBTCUSDTbybitdeathcrossMoving Averagesp2pPOWRelative Strength Index (RSI)Supply and DemandTrianglexbt
TradingOn
Also on:

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.