alanmasters

Bitcoin Bullish Inverse Head & Shoulders | $8500+ Now Possible!

Long
BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
Bitcoin ( XBTUSD ) printed the classic iH&S pattern and is now producing a bullish breakout.

The neckline is being broken to the upside...
If the current 4H candle closes above the iH&S neckline, we can see so much more growth...

We have been tracking this move since the 21-Nov. You can take a look at it here:
You can find additional information on the chart above.

We are active with a trade with 8X leverage.
Hit Like if you would like to see the full trade.
If this trade idea receives 111 likes, we will know there is enough interest and share the full trade details (buy-in, targets, stop-loss, capital allocation, and more).

Thanks a lot for reading.

Namaste.
Comment: Full trade details for XBTUSD with Lev.


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Trade: (LONG XBTUSD | Bitcoin )

Leverage: 8X

Buy-in: $6900 - $7250 (This was our buy-in price)

Targets:

1) $7500 |Hit 27-Nov. (+30%)
*) $7667 |Hit 27-Nov. (+48%)
2) $7700
3) $7900
4) $8100
5) $8300

*= Peak price reached.

Stop-loss: Close daily (D) candle below $6700

Liq. price: $6456.5
(Buy-in calculated at $7230)

Potential profits: 116%

Capital allocation: 5%.

Date: 22-Nov. 3:01 PM GMT-4
Comment:
ALGOBTC

KNCBTC

NAVBTC

FETBTC
If you would like to support my work, follow me FREE on Telegram
📊 https://t.me/AMTrades

Comments

Going to drop Volume is plummeting,

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nice chart
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alanmasters Layne_LV
@Layne_LV, Thanks for sharing.
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ultimate btcusd daily chart update trade plan bulls/bears sl/tp
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@asgcorp, Thanks for the chart.
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