A winter sunday play on Bitcoin, bulls towards $4600 [BTFD]
quick play on bitcoin today, please give a thumbs up if you like the chart....
we are looking to get a long position/buy into bitcoin for a quick scalp on sunday
targeting the 0.882fib level and 21 EMA (blue line)on the daily chart:
there is a very good chance we will hit this target of $4630 and possible short from that area back down to $4k is very probable in next 24-48hrs to retest lows before weekday markets open
if there is momentum and timing is right we could see a move beyond $5k but currently thats not so likely as what has been stated above regarding the rebound off resistances due to the Fib and EMA
Stop loss at $4080
Good trades y'all
for more updates please join our BTFD channel on telegram (search BTFD)
we are looking to get a long position/buy into bitcoin for a quick scalp on sunday
targeting the 0.882fib level and 21 EMA (blue line)on the daily chart:
there is a very good chance we will hit this target of $4630 and possible short from that area back down to $4k is very probable in next 24-48hrs to retest lows before weekday markets open
if there is momentum and timing is right we could see a move beyond $5k but currently thats not so likely as what has been stated above regarding the rebound off resistances due to the Fib and EMA
Stop loss at $4080
Good trades y'all
for more updates please join our BTFD channel on telegram (search BTFD)
Trade active:
4hr view, bullish again here and ready to swing up
Trade closed: stop reached:
price fell under averages and we got stopped out for minimal loss
price fell under averages and we got stopped out for minimal loss
