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RT_Money
Apr 15, 2022 3:59 AM

Bitcoin: Analysis & Trade Idea Long

Bitcoin / United States DollarCoinbase

Description

Price seems to be displaying a change of character, shifting from bearish to bullish momentum. This presents an opportunity to take a short term long position. Waiting for a confirmation entry is key here.
Allow me to show you how I do it.

Comment

Moving in the right direction!
Do not forget to pay yourself. Partials are important. It has reached up to 4R, so at the very least, remove your initial risk, and/or,move SL to BE. Just a suggestion.

Comment


As price hit that bearish breaker , would have been a good time to take a healthy partial. This has potential to reverse, and bring price back to the entry.
Reached up to 6.5%R. Great trade, for those that followed the idea.
Comments
Icanarlu
Great Bro!
RT_Money
@Icanarlu,
Thanks, brother.
MartyBoots
MartyBoots
Legend
RT_Money
@MartyBoots,
Agree, and thankful you shared your analysis.
diegomersault
def a possible scenario but I'd say it's 50/50 for now
RT_Money
@diegomersault,
Updated for ya.
I appreciate your comment.
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