$BTC/USD 12h (Binance Coin-Futures) Rising wedge breakdown
Bitcoin has broken bearish locally and is likely to retrace down, probably after a last push up.
RR= 1:1.35 | 1:2.3 | 1:3
P= +27.42% | +46.62% | 60.84%
L= -20.31%
Leverage: Isolated (3X)
Entry Zone:
46751.4 - 48499.6
Take-Profit Targets:
1) 43274.8
2) 40223.4
3) 37965.7
Stop Targets:
1) 50850.8
RR= 1:1.35 | 1:2.3 | 1:3
P= +27.42% | +46.62% | 60.84%
L= -20.31%
Leverage: Isolated (3X)
Entry Zone:
46751.4 - 48499.6
Take-Profit Targets:
1) 43274.8
2) 40223.4
3) 37965.7
Stop Targets:
1) 50850.8
Trade closed: stop reached
SL hit with -20.31% (3x) and -1RAfter almost reaching 1st target with up to +20.79% (3x), Bitcoin bounced back.
Stop held for 2 weeks which is quite a performance, but now it broke-out bullish, time to look up again!
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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.