Is it a valid long entry ?

Updated
Hello Traders, hope you made some decent money this week !
  • We have 2 Bullish regular divergences at the TF of 4H.

    BTC has reached the bottom of it's channel which he has been ranging since 6 of April.

    BTC is at is weekly support right now.



So is it a valid entry ?

My humble answer is we need to see a Hidden div at the 1H TF or the 30 TF with a stochastic rsi blue line crossing the red line.

This analysis dosen't reflect on the markets situations.
Definetly also not a financial advice or trade signal.

If you want to see more of my ideas follow me. Thank you, Have a profitable one !
Trade active
LONG
_____________
Entry : 39220
SL : 39K
TP will be updated market is uncertain so far !
Trade closed: stop reached
When the trade advanced 0,5% I advanced my SL and got hit
Trade active
Long again !
entry 39,000 - 39,200
Trade closed: target reached
Took 50% profit at 40k advancing my SL to 39,400 and my 2nd TP at 41,400
Trade closed: stop reached
Advanced my SL to my entry and got hit !
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