$BTC/USDT 12h (#Bybit) Ascending trendline retest

2 Şub 2023

Bitcoin just printed a shooting star like 6 months ago, which is a reversal candlestick.
Also, we got a bearish divergence on RSI, this could finally lead to a retracement down to 100EMA.

⚡️⚡️ #BTC/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (7.0X)
Amount: 6.8%

Current Price:
23776.0

Entry Zone:
23809.5 - 24317.5

Take-Profit Targets:
1) 22860.5
2) 21954.5
3) 21049.0

Stop Targets:
1) 25070.0

Published By: @Zblaba

6 Şub 2023

İşlem kapandı: hedefe ulaştı

🎯TP1 with +35.0% (7x) and +1.2R

Bitcoin got rejected on 24k supply zone as planned and went for first target.
SL adjusted above entry to secure the trade after partially taking profit!

10 Şub 2023

İşlem kapandı: hedefe ulaştı

🎯TP2 reached with +61.4% (7x) and +2.1R

Bitcoin lost local support and continued with the retracement down.
Now heading towards final target, SL adjusted below entry to secure the trade!

#BTCUSDT #XBT #PoW

15 Şub 2023

İşlem elle kapatılmış

Remaining position closed with +7.4% (7x) and +0.25R

Bitcoin bounced before reaching final target and went all the way back to supply zone, kicking us out.