TradingOn

$BTC/USDT 2h (Binance Futures) Ascending TL regained and C-Fork

Long
TradingOn Updated   
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Bitcoin seems to have resumed bullish momentum and would probably push higher!

Current Price= 48633.69
Buy Entry= 48715.46 - 48119.80
Take Profit= 50133.96 | 51975.59 | 54730.41
Stop Loss= 46843.40

Risk/Reward= 1:1.1 | 1:2.28 | 1:4.03
Expected Profit= +17.80% | +36.85% | +65.30%
Possible Loss= -16.20%

Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 5x
Estimated Gain-time= 5 days
Trade active:
All entries filled

Bitcoin dipped as planned so far, now a bounce would be good.

Trade closed: target reached:
TP1 reached with +17.80% (5x) and 1.1R

Bitcoin went up to first target then pulled back to first entry, still looks bullish to me!

Comment:
Remaining position closed at 2nd entry

Bitcoin lost local support but will probably bounce on descending TL / 50MA.
We are out but I'll keep an eye on it to enter back whenever it's clear enough!
If you are still in manually, you can stick to original SL but you may be Stop hunted.

Trade closed: target reached:
TP2 would have been reached with +36.85% (5x) and 2.28R

And Bitcoin bounced without hunting the Stop loss, that was quite close!
Unfortunately for copy traders, PC bot already sold yesterday as I mentioned, but nice profit if you were still in manually.
Now you'd rather move SL to 1st entry (48715.46$) and wait patiently for last target...


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