#BTC/USDT 2D (ByBit) Rising wedge break and retest

BTC just got rejected on resistance and RSI seems about to lose support and leave overbought territory.

⚡️⚡️ #BTC/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (3.9X)
Amount: 4.9%

Entry Targets:
1) 36928.4

Take-Profit Targets:
1) 29261.4

Stop Targets:
1) 40770.4

Published By: @TradingOn

XBT #BTCUSDT

Risk/Reward= 1:2.0
Expected Profit= +81.0%
Possible Loss= -40.6%

Trade active:

ByBit USDT
#BTC/USDT All entry targets achieved
Average Entry Price: 36928.4 💵

BTC is retesting the local high, still expecting a rejection here.

Comment:

BTCUSDT.P 4h

BTC just printed a gravestone / long-legged doji on LTF, this could be it.

Trade closed: stop reached:

ByBit USDT
#BTC/USDT Stoploss ⛔️
Loss: 40.5753% 📉

BTC broke-out bullish after all, stopping us out.