$BTC/USDT 15m (Binance Futures) Descending trendline breakout
Bitcoin has broken out bullish locally again and 50MA is acting as support now, it is likely to go for a higher high!
Long time not scalping it, this is a very zoomed in view, use small position and respect the set-up (as always).
Current Price= 49451.12
Buy Entry = 49441.08 - 49244.64
Take Profit= 49939.57 | 50372.89 | 50946.06
Stop Loss= 48863.58
Risk/Reward= 1:1.25 | 1:2.15 | 1:3.35
Expected Profit= +14.52% | +25.08% | +39.00%
Possible Loss= -11.64%
Fib. Retracement= 0.786| 1 | 1.272
Margin Leverage= 12x
Estimated Gain-time= 1 day
Long time not scalping it, this is a very zoomed in view, use small position and respect the set-up (as always).
Current Price= 49451.12
Buy Entry = 49441.08 - 49244.64
Take Profit= 49939.57 | 50372.89 | 50946.06
Stop Loss= 48863.58
Risk/Reward= 1:1.25 | 1:2.15 | 1:3.35
Expected Profit= +14.52% | +25.08% | +39.00%
Possible Loss= -11.64%
Fib. Retracement= 0.786| 1 | 1.272
Margin Leverage= 12x
Estimated Gain-time= 1 day
Trade closed: target reached:
TP1 reached with +14.52%(12x) and +1.25R
Bitcoin bounced exactly as predicted, what a fast reaction, it feels great to understand the trend!
Bitcoin bounced exactly as predicted, what a fast reaction, it feels great to understand the trend!
Trade closed: target reached:
TP2 reached with +25.08% (12x) and +2.15R
Bitcoin kept pushing and we got our HH, amazing accuracy, SL moved to 1st entry now (49441.08$)
Bitcoin kept pushing and we got our HH, amazing accuracy, SL moved to 1st entry now (49441.08$)
Trade closed: target reached
Bitcoin made it even faster than expected, reaching precisely 51k, what a nailing! 🤟🏼