#BTC/USDT 4h (ByBit) Head and Shoulders near breakdown

Bitcoin could retrace down to 100EMA support after a last liquidity grab towards right shoulder.

⚡️⚡️ #BTC/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (13.2X)
Amount: 5.0%

Current Price:
30223.7

Entry Targets:
1) 30553.4

Take-Profit Targets:
1) 28712.5

Stop Targets:
1) 31476.1

Published By: @TradingOn

BTC #BTCUSDT #Bitcoin #XBT #PoW

Risk/Reward= 1:2
Expected Profit= +79.5%
Possible Loss= -39.9%
Estimated Gaintime= 5-10 days

bitcoin.org/

Trade active:

ByBit USDT
#BTC/USDT All entry targets achieved
Average Entry Price: 30553.4 💵

BTC pulled-back to let us in and is now retesting the resistance, scenario is in play.

Comment:

BTC got rejected printing a gravestone doji and now HnS seems to be playing out.

Trade closed: stop reached:

ByBit USDT
#BTC/USDT Stoploss ⛔️
Loss: 39.8635% 📉

BTC bounced back and just printed a new local high, stopping us out on that wick up.