🟢 BTCUSDT
TF: 4H
Side: Long
Pattern: Double Bottom
Entry: Around $19,400
SL: $19,019.94
TP 1: $20,147.92
TP 2: $20,651.67
TP 3: $21,058.80
TP 4: $21,465.92
Maybe wait for the current 4H candle to close first and enter for safer a trade.
TF: 4H
Side: Long
Pattern: Double Bottom
Entry: Around $19,400
SL: $19,019.94
TP 1: $20,147.92
TP 2: $20,651.67
TP 3: $21,058.80
TP 4: $21,465.92
Maybe wait for the current 4H candle to close first and enter for safer a trade.
Comment:
SL moved to $18536.05
Comment:
Added more to the position. If $18.6k holds I will update the TPs.
Comment:
Added some more again to the position. I think it will hold 4H closed well.
Updated chart:
Updated chart:
Comment:
Updated TPs:
TP 1: $19,646.65
TP 2: $20,246.16
TP 3: $20,730.74
TP 4: $21,215.29
TP 1: $19,646.65
TP 2: $20,246.16
TP 3: $20,730.74
TP 4: $21,215.29
Comment:
BTC is giving a good recovery reaction at $18.6k support, so this position will remain open. Best thing to do during that bear trap would have been to stay patient and DCA the position.
Comment:
After some DCA in to this position it is giving good results.
Updated TPs:
TP 1: $19,329.85
TP 2: $19,989.92
TP 3: $20,523.41
TP 4: $21,056.89
Updated chart:
Updated TPs:
TP 1: $19,329.85
TP 2: $19,989.92
TP 3: $20,523.41
TP 4: $21,056.89
Updated chart:
Comment:
✅ TP 1
Comment:
✅ TP 2