Bitcoin Scalp Entry, with a Swing Trade Option for a bigger time-line
🖥️ We have determined there is a 70% chance Bitcoin will rise from our current entry point, for a scalp. 60% the Swing Option
📈 LONG BTC - Entry Price : $23,450 📉
💵 Length of trade: we are expecting BTC to hit a $400 scalp, with a high end of $600 and a minimum expectation of $250. - ⤴️ With a possible Swing Trade forming with a high end profit of $1000
🕰️ Duration of trade: we are expecting this to no occur within 5 hours of this signal, with a maximum duration of 10.5 hours . - ⤴️ With a possible Swing Trade duration of 27 hours.
🏛️🗞️ With the U.S. Federal Reserve news coming out today, it created a dip in the market.
Generally this year BTC has dropped, then rose above its initial fall point after Fed news was announced. That is why we are still holding our Long from yesterday while Entering a second position.
Trade active
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📈✅ BTC just closed a 4-hour candle over the current 50 EMA on the 1-Day Chart ($23,420). This is a Bullish Sign.
🏛️🗞️ WE HAVE ECONOMIC NEWS starting 8:30am EST, jobless claims. This could have a temporary negative effect , and then bounce if slightly bad. If it is well worse than expected, then all markets will be hit hard, and need to be re-assessed next week.