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BTC/USDT 2D (Binance Futures) Descending channel on support

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BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Bitcoin seems weak but still accumulating, a last leg-down to 100EMA is likely before bulls take over again!

Current Price= 45673.58
Buy Entry = 44770.00 - 42045.00
Take Profit= 52813.00 | 64886.00 | 76891.00
Stop Loss= 35811.00

Risk/Reward= 1:1.25 | 1:2.85 | 1:4.45
Expected Profit= +21.82% | +49.66% | +77.35%
Possible Loss= -17.40%

Fib. Retracement= 0.5 | 1 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 3 months
Trade aktif:
All entries filled

Bitcoin respecting perfectly the plan so far, I guess Technical Analysis is still ruling the market even if some people may think the contrary!


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