#BTCUSDT #4h (ByBit) Falling broadening wedge breakout & retest

Bitcoin regained 50MA support and is pulling back to it, seems ready to pump towards 200MA resistance after.

⚡️⚡️ #BTC/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (12.0X)
Amount: 5.1%

Current Price:
62917.6

Entry Targets:
1) 61920.3

Take-Profit Targets:
1) 65955.6

Stop Targets:
1) 59897.6

Published By: @TradingOn

BTC BTCUSDT.P #Bitcoin #PoW bitcoin.org

Risk/Reward= 1:2.0
Expected Profit= +78.2%
Possible Loss= -39.2%
Estimated Gaintime= 1 week

Trade active:

BTCUSDT.P All entry targets achieved
Average Entry Price: 61920.3 💵

BTC is pulling back towards 50MA support as planned so far, entry is filled.

Trade closed: stop reached:

BTCUSDT.P Stop Target Hit ⛔️
Loss: 39.1994% 📉

BTC did not bounce back where expected and lost support instead, stopping us out.