TradingOn

$BTC/USDT 4h (Binance Futures) Bull-flag breakout and retest

Long
TradingOn Updated   
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Bitcoin just confirmed the bullish continuation breaking out of that descending channel, waiting for a pull-back towards 50MA to enter.
It's the first blockchain ever invented (13 years ago) working on #PoW consensus algorithm, more info on bitcoin.org

Current Price= 63925.04
Buy Entry = 63054.72 - 61979.96
Take Profit= 65968.76 | 69997.66 | 73925.19
Stop Loss= 60211.94

Risk/Reward= 1:1.5 | 1:3.24 | 1:4.95
Expected Profit= +27.60% | +59.85% | +91.25%
Possible Loss= -18.45%

Fib. Retracement= 0.883 | 1.272 | 1.414
Margin Leverage= 5x
Estimated Gain-time= 2 weeks
Trade active:
First entry filled

Bitcoin pulled back as planned so far, let's patiently wait for the next big move now!


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