IBIT Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
B+
BULL
financial
IBIT is currently showing a bullish wedge compression on the 30-minute timeframe, graded B+ by the UnxEdge scanner. The current breakout level is $35.34, currently 2.29% away. This pattern has shown a 0.8x profit factor across 7 backtested trades.
Current Setup
Close$36.15 +3.98%
Breakout Level$35.34
Distance to Level2.29% (crossed)
RVOL0.5×
Pressure67
PatternCompression
Trade Plan
Entry$35.45
Stop$35.19
TP1$35.72
TP2$35.98
TP3$36.25
Chart
Backtest Performance
Win Rate
43%
Profit Factor
0.78x
Avg R
-0.13R
Trades
7
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|---|
| 2026-07-06 | B+ | BULL | $35.34 | 0.58% | 67 | — |
| 2026-07-06 | B+ | BULL | $35.34 | 0.47% | 66 | — |
| 2026-06-29 | B+ | BEAR | $33.34 | 2.19% | 76 | — |
| 2026-06-29 | B+ | BEAR | $33.34 | 1.60% | 79 | — |
| 2026-06-29 | B+ | BEAR | $33.34 | 1.60% | 80 | — |
| 2026-06-29 | A- | BEAR | $33.34 | 1.19% | 82 | — |
| 2026-06-29 | A- | BEAR | $33.34 | 1.29% | 81 | — |
| 2026-06-29 | A- | BEAR | $33.34 | 1.44% | 79 | — |
| 2026-06-29 | A- | BEAR | $33.34 | 1.44% | 69 | — |
| 2026-06-29 | A- | BEAR | $33.34 | 1.54% | 67 | — |
Bot Activity
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