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CryptoPlough
Dec 21, 2021 7:08 AM

BTC TA - Bullish scenario 4h timeframe Long

Description

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I guess we are at a local bottom right now and something big is brewing. Maybe we could see another big fast wick down to shake out all the weak hands, but the chance is very low right now. 🚀
And that's the main reaons I decided to take a long :

â–º Momentum going up + Price going down = good bullish divergance.
â–º We are in a falling wedge = bullish pattern
â–º broke out of this smaller channel
â–º High risk reward ratio
â–º Low risk with tight SL, big opportunity
â–º vwap switched into positive
â–º Moneyflowindex nearly 0 also switching into green

Trading setup:
Entry: $47446
SL: $45288
TP1: $52100
TP2: $59333

Disclaimer: DYOR. No financial advice. Just for your impression.

Trade active

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Trade closed: stop reached

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Comments
aditya86c
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Can you analyze Grt please?
CryptoPlough
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@aditya86c,
GRT TA. Please do your own research. no financial advice. The TA is just a bullish scenario case. Consider that we also could falling down.
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