$BTC/USDT 90m (Binance Futures) Ascending wedge on support

Bitcoin could bounce here and continue the up-trend!

Current Price= 46532.54
Buy Entry= 46632.30 - 45728.00
Take Profit= 49557.37 | 51990.39 | 55393.55
Stop Loss= 43559.90

Risk/Reward= 1:1.25 | 1:2.16 | 1:3.43
Expected Profit= +21.60% | +37.38% | +59.46%
Possible Loss= -17.34%

Fib. Retracement= 1.272 | 1.764 | 2.414
Margin Leverage= 3x
Estimated Gain-time= 240h

Zlecenie aktywne:

First entry filled and bounced

Bitcoin missed TP1 by 11.73$, you've got to be kidding 🤭 Let's wait for it anyway!

Transakcja zamknięta: osiągnięto wyznaczony cel:

TP1 reached with +21.60% (3x) and 1.25R

Then Bitcoin dipped down to entry and bounced, looks like a shake out so far!

Transakcja zamknięta: osiągnięto wyznaczony cel:

TP2 reached with +37.38% (3x) and 2.16R

It was indeed a shake-out, I'm glad I stuck to my bullish bias for Bitcoin

Transakcja zamknięta: osiągnięto wyznaczony cel:

TP3 reached with +59.46% (3x) and 3.43R

Bitcoin went for last target then dipped down to retest wedge and 100EMA.
So far so good, no time to panic at all! I will wait for a clear set-up to trade it again.