VirlVideo

Bitcoin Scalp Signal for Day Trading

Long
VirlVideo Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
🖥️ We have determined there is a 70% chance Bitcoin will Rise from our current entry point.

📉 LONG - BTC : $20,160📉


💵 Length of trade: we are expecting BTC to hit a $300 scalp, with a high end of $450, and a minimum expectation of $200.


🕰️ Duration of trade: we are expecting the Min. Profit Target to occur in under 5 hours from this signal.

- Then we see a longer duration of 14 hours for the Excepted Target.
Comment:
📰 A combination of OPEC announcing lowering production, plus Europe signing through sanctions within the same 30 minutes, caused a spike drop. Now BTC has stabilized and we see it continuing like initially predicted.
Trade active:
📰💵 Minimum Profit Target $200 Hit. Currently BTC has retraced a bit but we still have a positive outlook for BTC in the short term (to finish out the week)
Comment:
📰 We are still $200 in Profit.

We think BTC might cool off, and go down for a bit before NYC open. Though we think the week ends stronger than the current price. This may be a spot to sell and reposition a long.
Trade closed: target reached:
💵 Closed at $200 in profit on Oct. 5

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.