BTC/USDT 2h (Binance Futures) Parallel channel crossing
Updated
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!
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