#BTCUSDT #4h (Bitget Futures) Rising wedge on resistance
2024-12-17
Category: None

Bitcoin uptrend looks exhausted and keeps getting rejected on overbought RSI zone, a retracement down to 100EMA support seems around the corner.

⚡️⚡️ #BTC/USDT ⚡️⚡️
Exchanges: Bitget Futures
Signal Type: Regular (Short)
Leverage: Isolated (15.0X)
Amount: 5.0%

Current Price:
106966.8

Entry Zone:
107142.0 - 108740.0

Take-Profit Targets:
1) 104521.8
1) 101946.7
1) 99371.7

Stop Targets:
1) 110802.2

Published By: @Zblaba

 CRYPTOCAP:BTC   BITGET:BTCUSDT.P  #4h #Bitcoin bitcoin.org

Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +47.5% | +83.3% | +119.1%
Possible Loss= -39.8%
Estimated Gaintime= 1-2 weeks
