$BTC/USDT 4h (Binance Futures) Descending channel near breakout

Bitcoin is holding above TL support and seems likely to break-out bullish short-term!

Current Price= 56677.27
Buy Entry = 56633.50 - 55238.90
Take Profit= 61822.26 | 65924.12 | 71015.49
Stop Loss= 51999.04

Risk/Reward= 1:1.5 | 1:2.54| 1:3.83
Expected Profit= +30.60% | +53.58% | +80.88%
Possible Loss= -21.12%

Fib. Retracement= 0.5| 0.786| 1.117
Margin Leverage= 3x
Estimated Gain-time= 3 weeks

You can also find $WBTC or $BTCB on many other networks (#DeFi #BSC #BC...)

Contracts:
#ERC20 0x2260fac5e5542a773aa44fbcfedf7c193bc2c599
#TomoChain 0x503b2ddc059b81788fd1239561596614b27faade
#Fantom 0x321162Cd933E2Be498Cd2267a90534A804051b11
#Polygon 0x1bfd67037b42cf73acf2047067bd4f2c47d9bfd6
#Avalanche 0x408d4cd0adb7cebd1f1a1c33a0ba2098e1295bab
#Zilliqa zil1wha8mzaxhm22dpm5cav2tepuldnr8kwkvmqtjq
#Arbitrum 0x2f2a2543B76A4166549F7aaB2e75Bef0aefC5B0f
#Cronos 0x062E66477Faf219F25D27dCED647BF57C3107d52
#BEP20 0x7130d2a12b9bcbfae4f2634d864a1ee1ce3ead9c
#BEP2 BTCB-1DE

עסקה פעילה:

All entries filled

Bitcoin faked-out then dipped a bit more than expected but still looking pretty good for a bounce here!

הערה:

Back in profit

Bitcoin just regained 50MA support and seems to be consolidating above, good for us!

עסקה סגורה: הגיע לסטופ:

SL hit with -21.12% (3x) and -1R

Bitcoin was not able to keep up and clearly broke-down leading to the sharp market correction we all suffered!