BTCUSD HOURLY COINBASE
Hey Followers here is something special just for you.
BTC is on another tear and pullbacks for entry have been hard to find, but right now we have a very good one.
It has recently broken the $11,000.00 (Red Horizontal line) level, then pulled back to retest (Hit) the Horizontal line. This the start of is a classic ABC pattern, Advance through the level, Pull Back to the level, and Continue in the original direction.
It’s a rare chance. Lets take the agrresive entry, its riskier but rewards here are huge.
BUY NOW 11035
SL 10,800
Targets just before the Blue lines
$11,245.00 Target 1
$11,740.00 Target 2
$12,810.00 Target 3
If price falls below $11,000 before we post the trade is invalid
If you want to make Dollars your decisions need to make sense. Its aggressive, but rewards and levels are good, jump in.
Risk here is 2% reward is 16% I like these odds.
Daily Quote
"In investing, what is comfortable is rarely profitable." - Robert Arnott
At times, you will have to step out of your comfort zone to realize significant gains. Know the boundaries of your comfort zone and practice stepping out of it in small doses. As much as you need to know the market, you need to know yourself too. Can you handle staying in when everyone else is jumping ship? Or getting out during the biggest rally of the century? There's no room for pride in this kind of self-analysis. The best investment strategy can turn into the worst if you don't have the stomach to see it through.
Hey Followers here is something special just for you.
BTC is on another tear and pullbacks for entry have been hard to find, but right now we have a very good one.
It has recently broken the $11,000.00 (Red Horizontal line) level, then pulled back to retest (Hit) the Horizontal line. This the start of is a classic ABC pattern, Advance through the level, Pull Back to the level, and Continue in the original direction.
It’s a rare chance. Lets take the agrresive entry, its riskier but rewards here are huge.
BUY NOW 11035
SL 10,800
Targets just before the Blue lines
$11,245.00 Target 1
$11,740.00 Target 2
$12,810.00 Target 3
If price falls below $11,000 before we post the trade is invalid
If you want to make Dollars your decisions need to make sense. Its aggressive, but rewards and levels are good, jump in.
Risk here is 2% reward is 16% I like these odds.
Daily Quote
"In investing, what is comfortable is rarely profitable." - Robert Arnott
At times, you will have to step out of your comfort zone to realize significant gains. Know the boundaries of your comfort zone and practice stepping out of it in small doses. As much as you need to know the market, you need to know yourself too. Can you handle staying in when everyone else is jumping ship? Or getting out during the biggest rally of the century? There's no room for pride in this kind of self-analysis. The best investment strategy can turn into the worst if you don't have the stomach to see it through.
Note
Price Must be over 11K for entry to be validNote
Targets being hit, Profits being made they are D&S favorite updates. With the reduced Target 1, we have hit Target 1 and should have banked some Profits.Note
We currently have Target 1 1 hit, but volume on selling hours has been higher than buying hours recently, and we have put in a bit of a top around 11200. If you want to move your stops to entry and guarantee a profitable trade its okay to do that. I will leave mine where it is and look to sit through the Asian session, i expect when volume comes back it will push us back to current trend.
Note
WE have a rare opportunity to add a position ion the same hourly Time frame.ENTRY is NOW
SL 11188
Please add Orange lie target 11555.009
Price has pulled back to support at 11204 and bounced.
Chart will follow
Trade active
More profits for both our trades being banked at 11746.00. (Target 2) Did you catch the third entry? Exactly the same trade but we didn't post. These are great little patterns for milking money out of BTC each day, while banking profits and not getting exposed to crashesRelated 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.
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.