IntraDay Long Signal on BTC

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
213 0
Most of the time we don't like to take intraday trades, BUT in sideways action that might be the only way to make money.

OUr signal came in at 8300, we entered at 8301. Our stop loss is at 8200 and our target is at 8500-8700. At a 2:1 reward ratio this is the type of setup we are looking for.

If BTC closes above 8500, we will immediately put our stop at 8500 even though we will most likely get kicked out quickly but in order to make money in an intraday period you have to take profits. If we are still in we will trail very tightly and have a hard limit at 8700. If it goes beyond that c'est la vie.

If you like our ideas, you'll LOVE our Youtube channel where we go more in-depth:

We are also on Twitter @altcoin_mentors, where we send out more frequent market updates!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out