#BTCUSDT #1h (ByBit) Ascending channel breakdown

BTC seems to have formed a bear flag and is losing 50MA support.

⚡️⚡️ #BTC/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (32.5X)
Amount: 4.9%

Entry Targets:
1) 65158.9

Take-Profit Targets:
1) 63524.4

Stop Targets:
1) 65978.1

Published By: @TradingOn

BTC #BTCUSDT

Risk/Reward= 1:2.0
Expected Profit= +81.5%
Possible Loss= -40.9%

Trade closed: target reached:

ByBit USDT
#BTC/USDT All take-profit targets achieved 😎
Profit: 81.5257% 📈
Period: 18 Hours 18 Minutes ⏰

BTC dumping on LTF as forecast, quite an impressive accuracy!