Here's an analysis of My Bitcoin trade setup:
### 1. *Risk-Reward Ratio*
- *Risk: 85,400 - 82,400 = **3,600 points* (3.29% downside).
- *Reward*:
- Target 1: 91,500 - 86,000 = *5,500 points* (6.3% gain).
- Target 2: 95,000 - 86,000 = *9,000 points* (10.42% gain).
- *Risk-Reward Ratios*:
- Target 1: *1.53:1* (5,500 / 3,600).
- Target 2: *2.5:1* (9,000 / 3,600).
*Conclusion*: Target 2 offers a strong risk-reward ratio (≥2:1 is ideal). Consider taking partial profits at Target 1 and trailing stops for the remainder.
---
### 2. *Key Levels to Validate*
- *Stop Loss (82,400)*: Ensure this aligns with a technical support level (e.g., previous swing low or trendline). If Bitcoin frequently wicks below 82k, this stop might be too tight.
- *Targets (91.5k/95k)*: Check if these align with resistance zones (e.g., all-time highs, Fibonacci extensions, or orderbook liquidity).
---
### 3. *Position Sizing*
- Risk per trade = (Entry - Stop Loss) = 3,600 points.
- Example: If risking 1% of capital ($1,000 on a $100k account):
- Position size = $1,000 / 3,600 = *0.277 BTC*.
---
### 4. *Market Context Checklist*
- *Trend*: Is Bitcoin in an uptrend (e.g., breaking past ATHs) or consolidating?
- *Catalysts*: Upcoming events (e.g., ETF news, Fed rate decisions, halving cycles).
- *Volatility*: Bitcoin’s average daily volatility is ~3-5%. A 4.19% stop is feasible but could be vulnerable to noise.
---
### 5. *Alternate Strategy*
- Use a *trailing stop* after hitting Target 1 (e.g., 3-5% below price) to maximize upside while protecting profits.
---
### Final Advice
- *Execute only if*:
1. Price action confirms bullish momentum (e.g., breaking a key resistance).
2. The stop loss is placed below a strong support level.
3. No major bearish catalysts are imminent (e.g., regulatory FUD).
Would you like help with chart analysis or risk calculations?
### 1. *Risk-Reward Ratio*
- *Risk: 85,400 - 82,400 = **3,600 points* (3.29% downside).
- *Reward*:
- Target 1: 91,500 - 86,000 = *5,500 points* (6.3% gain).
- Target 2: 95,000 - 86,000 = *9,000 points* (10.42% gain).
- *Risk-Reward Ratios*:
- Target 1: *1.53:1* (5,500 / 3,600).
- Target 2: *2.5:1* (9,000 / 3,600).
*Conclusion*: Target 2 offers a strong risk-reward ratio (≥2:1 is ideal). Consider taking partial profits at Target 1 and trailing stops for the remainder.
---
### 2. *Key Levels to Validate*
- *Stop Loss (82,400)*: Ensure this aligns with a technical support level (e.g., previous swing low or trendline). If Bitcoin frequently wicks below 82k, this stop might be too tight.
- *Targets (91.5k/95k)*: Check if these align with resistance zones (e.g., all-time highs, Fibonacci extensions, or orderbook liquidity).
---
### 3. *Position Sizing*
- Risk per trade = (Entry - Stop Loss) = 3,600 points.
- Example: If risking 1% of capital ($1,000 on a $100k account):
- Position size = $1,000 / 3,600 = *0.277 BTC*.
---
### 4. *Market Context Checklist*
- *Trend*: Is Bitcoin in an uptrend (e.g., breaking past ATHs) or consolidating?
- *Catalysts*: Upcoming events (e.g., ETF news, Fed rate decisions, halving cycles).
- *Volatility*: Bitcoin’s average daily volatility is ~3-5%. A 4.19% stop is feasible but could be vulnerable to noise.
---
### 5. *Alternate Strategy*
- Use a *trailing stop* after hitting Target 1 (e.g., 3-5% below price) to maximize upside while protecting profits.
---
### Final Advice
- *Execute only if*:
1. Price action confirms bullish momentum (e.g., breaking a key resistance).
2. The stop loss is placed below a strong support level.
3. No major bearish catalysts are imminent (e.g., regulatory FUD).
Would you like help with chart analysis or risk calculations?
Trade active
bitcoin trade active from 85.500 keep hold in buyNote
bitcoin touch 88k profit runing 300 pips keep hold in buy posotionNote
1st target succussful reached 88k
📲 Join telegram channel free ..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
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.
📲 Join telegram channel free ..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
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.