Happy Sunday Traders, Investors & Gamblers 😃
Here you can see the current trade that I entered due to the strong recovery and reclaim of the 19.300 support level from Bitcoin, after a brief crash provoked by the CPI Report.
A very similar trade from my last two that I posted here:
1 from June 30th that went 19%+
2 from July 12th where I broke even today
The first confirmation here will be to regain the 20k level, for further price targets, as mentioned previously see the following post below on the daily Bitcoin chart.
Trade:
- Entry 19.300 T
- Target 22.440
- S/L 18.720
4h BTCUSD chart, short to mid-term trade in which I will scale up in the case that we break above 23.000 or the range highs.
Here below in my previous post you can see my upper targets on the BTCUSD 1D Chart:
I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advise.
As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, but also helps me to get my ideas out to many more of you guys! 😃🙏
Happy Trading ✌♥📈
Here you can see the current trade that I entered due to the strong recovery and reclaim of the 19.300 support level from Bitcoin, after a brief crash provoked by the CPI Report.
A very similar trade from my last two that I posted here:
1 from June 30th that went 19%+
2 from July 12th where I broke even today
The first confirmation here will be to regain the 20k level, for further price targets, as mentioned previously see the following post below on the daily Bitcoin chart.
Trade:
- Entry 19.300 T
- Target 22.440
- S/L 18.720
4h BTCUSD chart, short to mid-term trade in which I will scale up in the case that we break above 23.000 or the range highs.
Here below in my previous post you can see my upper targets on the BTCUSD 1D Chart:
I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advise.
As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, but also helps me to get my ideas out to many more of you guys! 😃🙏
Happy Trading ✌♥📈
Note
Currently re-testing the previous resistance after breakout, bullish if we can confirm and follow up with a 4h close above 20.3k aprox.Note
Potential bullish scenario, so far so good but moved S/L up to 19.580$Bottom of the wedge and support area can give us double bottom formation of we zoom out.
Note
19.850*Note
Moved S/L: To 20.100$ (19.300$ Entry)Possible Bullish scenario for the weekend.
Trade closed: target reached
Target Reached and now waiting for confirmation in either direction. ✅
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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.
Related publications
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.