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VirlVideo
Feb 10, 2023 5:53 AM

Bitcoin Scalp Signal for Day Trading Long

BTCUSDT Perpetual ContractBybit

Description

🖥️ We have determined there is a 65% chance Bitcoin will Rise from our current entry point.

📉 LONG - BTC : $21,800 📉


💵 Length of trade: we are expecting BTC to hit a $400 scalp, with a high end of $700, and a minimum expectation of $250.


🕰️ Duration of trade: we are expecting the minimum target to occur within 10 hours. Then we see the rest of this trade playing out around market open for NYSE.

📊🖥️ INDICATOR SHOWN ON CHART : Scot Signal Indicator

Comment

Still holding long, it went a little down for a bit, but back in profit now.

Trade closed: stop reached

🛑 Our Stop-Loss was hit at 8:35am est at $21,825.

We do still like a Long from the current price of $21,575 for a small 200pt rise.

Comment

📰 Currently All Positions are in Profit, we do see regression down a bit, so we would suggest exiting and repositioning.
Comments
SwallowPremium
Great info, awesome cheat sheet! Thank you for sharing!
Maannii
Hopefully btc will hit 22300
VirlVideo
@Maannii, definitely there. BTC loves to drop hard and come back up creating and taking liquidity, that's what we think is happening here. But set those stop losses early could drop further still...
Maannii
Still holding Lets hope for the best together 😁
VirlVideo
@Maannii, hi Maannii! our stop-loss was hit an hour after market open. We were setting this trade tight, once it entered profit we set a fast stop. ↗️ BUT we do like a 200pt rise over the weekend, from the current price 21,600. SO set alarms and when it hits profit get ready to set a stop-loss and play a tight game. BTC runs in a channel over the weeekend usually so up/down/up/down etc
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