TradingOn

$BTC/USDT 15m (Binance Futures) Symmetrical triangle breakout

Long
TradingOn Updated   
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Low risk #Bitcoin scalp, respect leverage!

Current Price= 56081.07
Buy Entry= 56181.76 - 55949.70
Take Profit= 56897.20 | 57747.11 | 58993.38
Stop Loss= 55254.26

Risk/Reward= 1:1 | 1:2.03 | 1:3.55
Expected Profit= +5.84% | +11.92% | +20.80%
Possible Loss= -5.84%

Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 4x
Estimated Gain-time= 2 days
Trade closed: target reached:
TP1 reached with +5.84% (4x) and +1R

Bitcoin pumped yesterday night but wasn't strong enough to keep up.
Then went for Stop Loss but PC bot closed at 2nd entry on the way down.
If you were still in using another SL then we recommend to take some partial profit now it bounced back!

Trade closed: target reached:
TP2 would have been reached with +11.92% (4x)

Bitcoin went for second target, if you were still in then you can take some more profit!


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.