TradingOn

#BTC/USDT 15m (ByBit) Symmetrical triangle breakdown and retest

Short
TradingOn Updated   
BYBIT:BTCUSDT.P   BTCUSDT Perpetual Contract
Bitcoin is retesting local supply zone and printed a death cross + an evening star, looks ready for a retracement down on Low Time-Frame.

⚡️⚡️ #BTC/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (35.0X)
Amount: 5.0%

Current Price:
43593.7

Entry Targets:
1) 43789.6

Take-Profit Targets:
1) 42287.0

Stop Targets:
1) 44291.3

Published By: @TradingOn

BTC BTCUSDT.P

Risk/Reward= 1:3.0
Expected Profit= +120.1%
Possible Loss= -40.1%
Estimated Gaintime= 1-2 days
Trade active:
ByBit USDT
BTCUSDT.P All entry targets achieved
Average Entry Price: 43789.6 💵

BTC just filled entry on that 200MA bearish retest, quite accurate so far.

Trade closed: stop reached:
ByBit USDT
BTCUSDT.P Stoploss ⛔️
Loss: 40.0997% 📉

BTC finally saw a sell-off, unfortunately we got stopped out before but bearish bias was on point.


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