#BTC/USDT 4h (OKX Futures) Rising wedge on resistance
Bitcoin seems likely to retrace down to 100EMA support next.
⚡️⚡️ #BTC/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (3.7X)
Amount: 5.0%
Entry Targets:
1) 73190.8
Take-Profit Targets:
1) 65265.2
Stop Targets:
1) 77163.5
Published By: @TradingOn
BTC
#BTCUSDT
Risk/Reward= 1:2.0
Expected Profit= +40.1%
Possible Loss= -20.1%
⚡️⚡️ #BTC/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (3.7X)
Amount: 5.0%
Entry Targets:
1) 73190.8
Take-Profit Targets:
1) 65265.2
Stop Targets:
1) 77163.5
Published By: @TradingOn
BTC
#BTCUSDT Risk/Reward= 1:2.0
Expected Profit= +40.1%
Possible Loss= -20.1%
Komentarz:
Already more than halfway to target, that was fast! 😅
Komentarz:
Back to entry, volume is definitely low, smells like bull trap.
Komentarz:
Volume was definitely a hint for fakery, rejected at entry again and an evening star is forming now.
Komentarz:
Not the candle body I expected but kind of evening star anyway, still looks like a local top to me.
Komentarz:
Long legged doji now with a bearish divergence between price and volume, looks like uptrend exhaustion.
Komentarz:
Here you go, first bearish body candle since 5 of March
