BTC 7X+ Continuation Trade Idea

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin Trade Idea with the end goal of 6221.

Short term Breakout and Scalp StopLoss: 5233

*5577 Pivotal Swing

*5888 Pivotal Swing

Impulse to 6221

Swing Invalidation Under 4930.
Comment: Easter Wicks and signs of weakness...

Look to buy in the lower 5k region.

This gameplan is sidelined until more confirmation
Trade active: Trade Active. Scaling in partially with our add on trigger at 5350
Comment: SL Invalidation 5221, with short term invalidation at 5166. Play with the size until you find a risk you are comfortable with.

The soft stop should never be hit. If you plan to be away from computer 5166 is the gameplan.
Comment: BTC Holding up looking to run this level as anticipated.
Trade closed manually: Inverse News.

Going Flat.

Idea voided
Trade active: Trade Active Again!
Comment: Nearing 5400 Pivotal Point. Get ready for fireworks soon.

Invalidation below 5250.

Stop losses trailed to below previous daily close at around 5313.

Good luck!
Comment: Partial Take profit near 5800
Comment: take partial profit above 6030-6100.

One more impulse is possible to 6221.

Could wick over to 6350-6400.
Trade closed: target reached: 6221 Impulse.

Target Reached.

Time to setup new idea.

6221-6450 are important levels to watch and will be the support/breakdown level going forward.
Great calls mate , thanks for your input
+1 Reply