BTC 100X SCALP LONG ANALYSIS

BTCUSDT.P

Good morning Traders,

Reporting from Konoha Village. It is my first published ideas.
I will continue to give you market updates on cryptocurrencies and hopefully help you with my insights.

Took a long scalp position on BTC 100X. Entering at 20523 on 4hr hold and Trendline. Targeting 15 Min to 1 Hr hold lv. Having stoploss if BTCbroke its 4hr trend/lv which is hard to do. Lets see where this goes.

I would suggest to always measure your risk vs reward ratios on 100X. Any risk/ stoploss above 0.5% will be dangerous as it will trigger liquidation. Therefore trade smart, aim for the greediest lv. go for perfect entry and execution.

This is an article, not financial advice, always do your own research.

If you have any questions, you can write it in comments below, and I will answer them.

And please don't forget to support this idea with your like and comment, thank you.

Goodluck Traders!

Trade active:

Still on the trade, BTC moved up havent touched my targets and moved down to the trendline once more. However, it havent hard closed the trend nor my stoploss.
Maybe its better to close 100X on 50%-60% profit each time rather than aiming for technical targets.

Ill keep on updating on how it goes

Trade closed: stop reached:

STOP LOSS reached at -25%, btc broke down its 4hr trendline, aftering deeper support.

Thanks for checking in, see you in the next trade