Bitcoin is facing historical supply zone and RSI about to enter overbought territory.
Local top seems near and price may retrace down to 50MA, mid-term.
⚡️⚡️ #BTC/USDT ⚡️⚡️
Exchanges: Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (5.0X)
Amount: 5.5%
Current Price:
51926.9
Entry Targets:
1) 52197.8
Take-Profit Targets:
1) 40814.3
Stop Targets:
1) 57903.8
Published By: @TradingOn
BTC BTCUSDT.P #Bitcoin #PoW #P2P bitcoin.org
Risk/Reward= 1:2.0
Expected Profit= +109.0%
Possible Loss= -54.7%
Estimated Gaintime= 2-4 months
Local top seems near and price may retrace down to 50MA, mid-term.
⚡️⚡️ #BTC/USDT ⚡️⚡️
Exchanges: Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (5.0X)
Amount: 5.5%
Current Price:
51926.9
Entry Targets:
1) 52197.8
Take-Profit Targets:
1) 40814.3
Stop Targets:
1) 57903.8
Published By: @TradingOn
BTC BTCUSDT.P #Bitcoin #PoW #P2P bitcoin.org
Risk/Reward= 1:2.0
Expected Profit= +109.0%
Possible Loss= -54.7%
Estimated Gaintime= 2-4 months