VirlVideo

Bitcoin Day Trading Setups, Scalping Entries

Long
VirlVideo Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
πŸ–₯️ We have determined there is a 60% chance Bitcoin will rise from our current entry point.

πŸ“ˆ LONG BTC - Entry Price : $22,860 πŸ“‰


πŸ’΅ Length of trade: we are expecting BTC to hit a $400 scalp, with a high end of $600 and a minimum expectation of $200.

πŸ•°οΈ Duration of trade: we are expecting this to occur within 6 hours of this signal, with a maximum duration of 8.5 hours .


With the Inflation Data coming in early EST, Expect Volatility. Generally it has seemed that the number has been factored in prior to the inflation data coming up, leading to a raise after the announcement. We do like BTC for an upward path within the next half a day, but be mindful of the usual dangers that could arise from the CPI uncertainty.
Comment:
πŸ“° The Trade is going well, everyone should be $50-120 in profit. Stay focused, it seems it is on the way up. But we might see volatility coming within 90 minutes of the CPI data being released.
Trade active:
β—πŸ’΅ Minimum Profit Target Hit $200 πŸ’΅β—

Congratulations to everyone who took the trade. Everyone should be in at least $100 profit. Make sure to set Stop-Losses, stay focused, and decide where you wanna exit. If you wanna let it ride, this is a winning trade, put your stop loss in some form of profit.
Comment:
β—πŸ’΅ Congratulations High End Profit Target Exceeded πŸ’΅β—

AMAZING TRADE! We are closing our position up $940 at $23,800 BTC

Inflation Data came in Better than expected, so if you decide to stay in and turn this into a longer trade, be care, and set a strong stop-loss.
Trade closed: target reached:
πŸ’΅Scalp Closed Successfully, at $23,800,

entry 22,860 = Profit $940

Duration 9 hours

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.