$BTC/USDT 90m (Binance Fut.) Broadening wedge breakdown & retest
Updated
Bitcoin small scalp downwards before resuming bullish again.
Current Price= 37260.00
Sell Entry= 37248.37 - 37696.55
Take Profit= 36653.80 | 35678.16 | 34650.29
Stop Loss= 34650.29
Risk/Reward= 1:1 | 1:2.17 | 1:3.41
Expected Profit= +8.88% | +19.28% | +30.28%
Possible Loss= -8.88%
Fib. Retracement= 0.236 | 0.5 | 0.786
Margin Leverage= 4x
Estimated Gain-time= 120h
Current Price= 37260.00
Sell Entry= 37248.37 - 37696.55
Take Profit= 36653.80 | 35678.16 | 34650.29
Stop Loss= 34650.29
Risk/Reward= 1:1 | 1:2.17 | 1:3.41
Expected Profit= +8.88% | +19.28% | +30.28%
Possible Loss= -8.88%
Fib. Retracement= 0.236 | 0.5 | 0.786
Margin Leverage= 4x
Estimated Gain-time= 120h
Trade closed: target reached
TP1 reached with +8.88% (4x) and 1RBitcoin retracing down as expected, nice profit so far!
Comment
That would be the road I expect:Trade closed: target reached
TP2 hit with +19.28% (4x) and 2.17RBitcoin kept dipping, let's see if we can reach last target before reversal starts.
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