TradingView
VirlVideo
Dec 29, 2022 10:37 PM

Bitcoin Day Trading Setups, Scalping Entries Long

Bitcoin / TetherUS PERPETUAL CONTRACTBinance

Description

🖥️ We have determined there is a 75% chance Bitcoin will RISE from our current entry point.

📉 LONG - BTC : $16,605 📉


💵 Length of trade: we are expecting BTC to hit a $250 scalp, with a high end of $350 - minimum expectation $175.


🕰️ Duration of trade: we are expecting a possible fast spike going up 150-200pts, then BTC to makes its way up to the prior level 16.85-17k by market close Friday.

📊🖥️ INDICATOR SHOWN ON CHART : Scot Signal Indicator

Comment

📰 🗞 📈 We are currently holding this Long position still. We hit top end profit of $200 so far, while sitting at $100 now. We like more upside ahead, and even would consider adding to the long at the current price $16,705.

Trade active

📰 Still Holding Long - Currently $100 in profit. It looks that BTC has found its bottom, pending any major Macro-Economic News.

Trade closed: target reached

❗💵 Top End Price Target Reached $350 Profit.

trade is closed, and a new one is being opened soon
Comments
Solldy
Great analysis, my friend. I love the technical analysis in your ideas. You follow all the rules of TA, but you don't forget about actuality)
More