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VirlVideo
Sep 27, 2022 10:57 PM

Bitcoin Day Trading Setups, Scalping EntriesΒ Long

Bitcoin / TetherUSBinance

Description

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πŸ–₯️ We have determined there is a 72.5% chance Bitcoin will Rise from our current entry point.

πŸ“‰ LONG - BTC : $19,075πŸ“‰


πŸ’΅ Length of trade: we are expecting BTC to hit a $700 scalp, with a high end of $1,100, and a minimum expectation of $450.


πŸ•°οΈ Duration of trade: we are expecting the Min. Profit Target to occur in 4.5-6 hours of this signal.

- Then we see a longer duration of 14 hours for the Excepted Target. We are thinking possibly a longer term to 2 days for a continued recovery bounce.

πŸ“ŠπŸ–₯️ Indicator Shown on Chart : Scot Signal Indicator

Trade active

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πŸ“°πŸ― Asian opening precipitated the U.S. drop. We are continuing to hold through, and would suggest to enter Long if haven't yet.

We don't think this drop continues. The main BTC channel of 18k-20k we think will hold.

Trade active

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πŸ“° All Position should now be in profit.

πŸ›οΈ There are 3 Fed Speeches today. These could add some volatility, so be mindful of that. Though we are still holding out Longs, but will be ready to set fast Stop-Losses.

Trade active

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πŸ“° Trade is $250 in Profit, set Stop-Losses

Trade active

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πŸ“° We are still holding with a goal of $20,100 with we feel a high end spike to $20,400. But we are setting a healthy Stop-Loss in strong profit.

Trade closed: stop reached

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β›” Stop-Loss hit $300 in Profit
Comments
f4taL1ty
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Best working here πŸ”₯πŸΏπŸš€
rcien94502
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Is the target still 20400?
VirlVideo
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@rcien94502, We think if the momentum stays. Generally when BTC has these spike drops when it comes back it usually goes a little higher than the drop point then falls. So we would consider taking profit anytime from now on up. We like 20,100 as a safe area, but you could exit at any point now.
adilexpress11
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is everything still looking good😢
VirlVideo
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@adilexpress11, yes our last update is still our path. The Asian open dumped to follow u.s. so we also put in another long at $18,700. We are looking to hold to 19,750 minimum. But our belief is we can hit 20.4k and return back down into the channel. The end of September is the worst time of the year historically, but we like this area, with no new fed news coming soon.
nestorador
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Same here! You have a better entry. I am long since 19092 aproximated with two orders. Wished to take the last 25% at 18917, but... missed it (to say truth felt unconfident). But I was earlier, check my last idea ;-)
VirlVideo
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@nestorador, Oh yeah nice job, there will be so many more opportunities too, we have money coming our way buddy. I don't see the market double crashing day to day
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