BTC/USDT 2h (Binance Futures) Parallel channel crossing
Bitcoin could bounce here on that support if it keeps holding the uptrend.
Current Price= 15219.99
Buy Entry= 15231.54 - 15022.44
Take Profit= 15614.51 | 15974.20 | 16445.05
Stop Loss= 14637.27
Risk/Reward= 1:1 | 1:1.74 | 1:2.7
Expected Profit= +12.92% | +22.44% | +34.88%
Possible Loss= -12.92%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 4x
Estimated Gain-time= 120h
Current Price= 15219.99
Buy Entry= 15231.54 - 15022.44
Take Profit= 15614.51 | 15974.20 | 16445.05
Stop Loss= 14637.27
Risk/Reward= 1:1 | 1:1.74 | 1:2.7
Expected Profit= +12.92% | +22.44% | +34.88%
Possible Loss= -12.92%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 4x
Estimated Gain-time= 120h
Trade active
All entries filled and bouncedBitcoin dipped more than I expected but seems like the two parabolic curves are showing the way up now.
Since I averaged entry a lot I am taking some partial profit manually now, but I'm still expecting targets to be reached!
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.
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.