TraderE9

BITCOIN LONG SHORT TERM

Long
TraderE9 Updated   
BITMEX:XBTUSD.P   Bitcoin

Just sharing a small entry trade here, as we can see, retraced from previous trade idea target... around 57k. From here it has retested previous broken highs, this coinsides with a fibbonacci retracement, currently sitting around 61.8%, we could see a dip lower to touch the 78.6% and retest the trend channel....a couple of different options. I myself personally have entered around 61.8 and will double up entry on the 78.6% if we reach that low. Good luck!
Comment:
have posted a update video, feel free to go and check it out on my youtube channel.
Comment:
So i have closed out some profits at a couple of levels now, first being the 78.6 level to the downside, which we passed, now again at the 100% level, still have 40% of trade size still running, if we break higher i will add it back in and continue the search for targets.
Comment:
Moving closer towards target... i have this final short term setup to reach the desination
Comment:
We have reached final targets now guys, the last comment (above) was an intraday trade setup and here are the results.
Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.