TradingOn

$BTC/USDT 1h (#Bybit) Small falling wedge breakout

Long
TradingOn Updated   
BYBIT:BTCUSDT.P   BTCUSDT Perpetual Contract
Bitcoin retraced down further after a fake-out, but this time 20EMA is clearly regained, let's try again!
Trade closed: stop reached:
SL hit with -1R

BTC retested 100EMA resistance, unfortunately not enough to reach the target..
Seems like we just got stop hunted on that wick down!

Trade closed: target reached:
TP would have been hit

BTC bounced back and went for target in the end, too sad we got kicked out but bias was on point!
Now just printed a gravestone doji after 2 bearish candles and RSI overbought again, a pull-back seems due.


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