IBIT Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
B+
BEAR
financial
IBIT is currently showing a bearish wedge compression on the 30-minute timeframe, graded B+ by the UnxEdge scanner. The current breakout level is $46.53, currently 0.10% away. This pattern has shown a 1.2x profit factor across 13 backtested trades.
Current Setup
Close$46.58 -0.07%
Breakout Level$46.53
Distance to Level0.10%
RVOL0.5×
Pressure92
PatternChannel
Trade Plan
Entry$46.45
Stop$46.65
TP1$46.25
TP2$46.05
TP3$45.85
Chart
Backtest Performance
Win Rate
54%
Profit Factor
1.21x
Avg R
+0.10R
Trades
13
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Aug 7 | BULL | A- | $36.86 | $36.70 | $37.02 | $36.70 | LOSS | -1.00R | 6 |
| Aug 5 | BULL | A- | $36.55 | $36.36 | $36.74 | $36.74 | WIN | +1.00R | 11 |
| Jul 14 | BULL | A- | $36.64 | $36.39 | $36.90 | $36.90 | WIN | +1.04R | 10 |
| Jul 10 | BULL | A- | $36.03 | $35.81 | $36.26 | $36.26 | WIN | +1.05R | 2 |
| Jun 29 | BEAR | A- | $33.42 | $33.75 | $33.09 | $33.75 | LOSS | -1.00R | 2 |
| Jun 25 | BEAR | A- | $33.05 | $33.56 | $32.54 | $33.56 | LOSS | -1.00R | 2 |
| May 11 | BULL | A- | $45.68 | $45.42 | $45.95 | $45.95 | WIN | +1.04R | 3 |
| May 6 | BULL | A- | $46.44 | $46.17 | $46.70 | $46.17 | LOSS | -1.00R | 2 |
| Apr 29 | BULL | A- | $43.36 | $43.16 | $43.56 | $43.16 | LOSS | -1.00R | 3 |
Recent Setup History
| Date | Grade | Side | Breakout | Dist | Pressure | Resolution |
|---|---|---|---|---|---|---|
| 2026-10-12 | B+ | BEAR | $46.53 | 0.29% | 92 | — |
| 2026-10-12 | B+ | BEAR | $46.53 | 0.42% | 83 | — |
| 2026-10-12 | B+ | BEAR | $46.53 | 0.53% | 82 | — |
| 2026-10-12 | B+ | BEAR | $46.53 | 0.35% | 84 | — |
| 2026-10-12 | B | BEAR | $46.53 | 0.13% | 83 | — |
| 2026-10-12 | B | BEAR | $46.53 | 0.23% | 87 | — |
| 2026-10-12 | B | BEAR | $46.53 | 0.05% | 86 | — |
| 2026-10-12 | B | BEAR | $46.53 | 0.05% | 86 | — |
| 2026-10-12 | B | BEAR | $46.53 | 0.05% | 86 | — |
| 2026-10-12 | B | BEAR | $46.53 | 0.05% | 86 | — |
Bot Activity
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