#BTC/USDT 1D (#Bybit) Ascending trendline near breakdown

Bitcoin seems about to lose 200EMA support, if that happens then we'd be biding on 200MA and targeting 50MA.

⚡️⚡️ #BTC/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (4.2X)
Amount: 4.9%

Current Price:
25800.1

Entry Targets:
1) 23933

Take-Profit Targets:
1) 27376.9

Stop Targets:
1) 21629.4

Published By: @TradingOn

BTC #BTCUSDT #Bitcoin #XBT

Risk/Reward= 1:1.5
Expected Profit= +60.4%
Possible Loss= -40.4%

Comment:

TL support broke-down, heading towards entry now it seems.

Order cancelled:

ByBit USDT
#BTC/USDT Cancelled ❌
Target achieved before entering the entry zone

BTC dipped and bounced back but not enough to fill the entry.