cyatophilum
Long

Bitcoin might not be done yet! Long setup

BINANCE:BTCUSDT   Bitcoin / TetherUS
No need to mention that the weekly chart is bullish but I will do it anyway
We are well above all the emas, and the macd is still rising.

On the daily I like to use my special indicator (which is free)
It's a double donchian channel with additional signals from the oscillators.
Globaly we are still in the blue channel so that means we remain bullish .

Moving on to the 4H chart which is also interesting since will are back up on top of the 3 emas.
I found that the 9500 level is an old resistance that got confirmed as a new support, a very bullish sign too.

Diving into the intraday chart to find an entry. I will simply be using a breakout of the previous day high as show below.
I use a 2% trailing SL, the target is at 1550, which is the next level from the daily chart .

This is not a financial advice.
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Comments

So I can set these bots up and they are completely automated and can return how much a month on BTC?
I'm interested for sure If I can make 25% on my money a month or more?
I'm using a script ATM moment that makes 300-500% a year on 5hr chart BTC
But the draw down is 20% and it only gets 50% of trades correct, can you beat this?
Reply
I agreed with that, long for bullish is seem safer than short for bearish; thanks cyatophilum =D
Reply
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