$BTC/USDT 8h (Binance Fut) Descending triangle breakout & retest

#Bitcoin swing, entering on a possible pull-back retesting the broken triangle and 50MA.
Current Price= 18720.01
Buy Entry= 18469.00 - 17669.00
Take Profit= 19544.19 | 21128.76 | 23600.58
Stop Loss= 16786.29
Risk/Reward= 1:1.15 | 1:2.39 | 1:4.31
Expected Profit= +16.32% | +33.86% | +61.22%
Possible Loss= -14.20%
Fib. Retracement= 1 | 1.414 | 2
Margin Leverage= 2x
Estimated Gain-time= 480h
Current Price= 18720.01
Buy Entry= 18469.00 - 17669.00
Take Profit= 19544.19 | 21128.76 | 23600.58
Stop Loss= 16786.29
Risk/Reward= 1:1.15 | 1:2.39 | 1:4.31
Expected Profit= +16.32% | +33.86% | +61.22%
Possible Loss= -14.20%
Fib. Retracement= 1 | 1.414 | 2
Margin Leverage= 2x
Estimated Gain-time= 480h
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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.