dan-papa

[prog-dan-papa] 28th may : scalping point of view

BITFINEX:BTCUSD   Bitcoin
just informed you for scalping trader's point of view.

now we can see 4 hours and 2 hours chart for scalping point of view.

1. 4 hours.
Support : 7,170 / 7,145
Resistance : 7,240 / 7,290

The support and resistance area available from now to 3 hours and 30 minutes.
and marked buy area is our attack zone.

2. 2hours.
Support : 7,175
Resistance : 7,250 / 7,285

The support and resistance area available from now to 1 hours and 30 minutes.
and marked buy area is our attack zone.
The loss cut where you buy it is 7,145.
And if you profit from the next bar, you will see the next bar with the profit as collateral.
If you move to the next bar, change the loss cut to 7,168 (today's second lowest point - in hours units)

P.S : if you're day traders. you'r loss cut is 7,145.
If the closing price of tomorrow is higher than today 's market price, the holding perspective is valid. If it is lower than today' s market price,
You should be prepared to dispose of it at any time.

I wish you good luck.

thanks

presented by dan-papa

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.