#BTCUSDT #4h (ByBit) Descending trendline breakout and retest

14. Aug.

Bitcoin pulled back to 200MA support where it printed a kind of bullish hammer, seems likely to bounce.

⚡️⚡️ #BTC/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (18.0X)
Amount: 5.0%

Entry Targets:
1) 117707.1

Take-Profit Targets:
1) 122924.9

Stop Targets:
1) 115091.7

Published By: @Zblaba

BTC BTCUSDT.P #4h #Bitcoin #PoW bitcoin.org

Risk/Reward= 1:2.0
Expected Profit= +79.8%
Possible Loss= -40.0%
Estimated Gaintime= 1 week

15. Aug.

Trade ist aktiv

BTCUSDT.P All entry targets achieved
Average Entry Price: 117707.1 💵

BTC is pulling back to TL support again, still looks legit for a bounce.

19. Aug.

Trade geschlossen: Stop wurde erreicht

SL reached with -1.0R

BTCUSDT.P Stop Target Hit ⛔
Loss: 39.9952% 📉

#BTC did not manage to stay above support long enough and lost it back, stopping us out.