$BTC/USDT 2h (Binance Futures) Ascending TL regained and C-Fork
Updated
Bitcoin seems to have resumed bullish momentum and would probably push higher!
Current Price= 48633.69
Buy Entry= 48715.46 - 48119.80
Take Profit= 50133.96 | 51975.59 | 54730.41
Stop Loss= 46843.40
Risk/Reward= 1:1.1 | 1:2.28 | 1:4.03
Expected Profit= +17.80% | +36.85% | +65.30%
Possible Loss= -16.20%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 5x
Estimated Gain-time= 5 days
Current Price= 48633.69
Buy Entry= 48715.46 - 48119.80
Take Profit= 50133.96 | 51975.59 | 54730.41
Stop Loss= 46843.40
Risk/Reward= 1:1.1 | 1:2.28 | 1:4.03
Expected Profit= +17.80% | +36.85% | +65.30%
Possible Loss= -16.20%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 5x
Estimated Gain-time= 5 days
Trade active
All entries filledBitcoin dipped as planned so far, now a bounce would be good.
Trade closed: target reached
TP1 reached with +17.80% (5x) and 1.1RBitcoin went up to first target then pulled back to first entry, still looks bullish to me!
Comment
Remaining position closed at 2nd entryBitcoin lost local support but will probably bounce on descending TL / 50MA.
We are out but I'll keep an eye on it to enter back whenever it's clear enough!
If you are still in manually, you can stick to original SL but you may be Stop hunted.
Trade closed: target reached
TP2 would have been reached with +36.85% (5x) and 2.28RAnd Bitcoin bounced without hunting the Stop loss, that was quite close!
Unfortunately for copy traders, PC bot already sold yesterday as I mentioned, but nice profit if you were still in manually.
Now you'd rather move SL to 1st entry (48715.46$) and wait patiently for last target...
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