BTC/USDT 15m (Binance Fut.) Symmetrical triangle near breakout

Bitcoin is looking ready to go up soon, let's scalp it.
Current Price= 16828.06
Buy Entry= 16881.00 - 16661.00
Take Profit= 17389.78 | 17777.81 | 18174.73
Stop Loss= 16268.75
Risk/Reward= 1:1.23 | 1:2 | 1:2.79
Expected Profit= +11.07% | +18.00% | +25.11%
Possible Loss= -8.97%
Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 3x
Estimated Gain-time= 48h
Current Price= 16828.06
Buy Entry= 16881.00 - 16661.00
Take Profit= 17389.78 | 17777.81 | 18174.73
Stop Loss= 16268.75
Risk/Reward= 1:1.23 | 1:2 | 1:2.79
Expected Profit= +11.07% | +18.00% | +25.11%
Possible Loss= -8.97%
Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 3x
Estimated Gain-time= 48h
Trade closed: target reached
TP3 reached with +25.11% (3x)Bitcoin went for all target during weekend and even more, that was pretty nice.
Basically, we bought the dip when many were FUDing and telling we were going down hard...
You can see on the chart how 200MA was acting as resistance, then flipped letting price pump!
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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.
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.