BTC/USDT - Bullish Setup (Daily Chart)
Symbol: BTC
Timeframe: Daily
Analysis:
MLR > SMA: The MLR (blue) is above the SMA (pink), signaling a bullish trend.
MLR > BB Center: MLR exceeds the Bollinger Bands Center Line (orange), showing strong bullish momentum.
PSAR: PSAR dots (black) are below the price, reinforcing the uptrend.
Price > SMA 200: Price is above the 200-period SMA (red), indicating long-term bullish strength.
Trade Idea:
Entry: Consider a long position at the daily close.
Stop Loss: Place SL at the current PSAR level to limit downside risk.
Follow Me: Follow me for exit or profit-taking opportunities.
Outlook: All indicators align for a bullish move. Stay alert for reversal signals or trend shifts.
Risk Warning: Not financial advice, trade at your own risk
Symbol: BTC
Timeframe: Daily
Analysis:
MLR > SMA: The MLR (blue) is above the SMA (pink), signaling a bullish trend.
MLR > BB Center: MLR exceeds the Bollinger Bands Center Line (orange), showing strong bullish momentum.
PSAR: PSAR dots (black) are below the price, reinforcing the uptrend.
Price > SMA 200: Price is above the 200-period SMA (red), indicating long-term bullish strength.
Trade Idea:
Entry: Consider a long position at the daily close.
Stop Loss: Place SL at the current PSAR level to limit downside risk.
Follow Me: Follow me for exit or profit-taking opportunities.
Outlook: All indicators align for a bullish move. Stay alert for reversal signals or trend shifts.
Risk Warning: Not financial advice, trade at your own risk
Trade active
Note
!! TRADE ACTIVE !!System Entry: March 23, 2025, at 86,037.8
My Signal: March 24, 2025, at 87,459.9 (entered one day late due to human error – it happens! Planning to share a thread on X about the psychological aspects of this.)
Stop Loss: 80,750
Yesterday's Close (March 26, 2025): 86,860.8
Trade closed manually
Trade closed manuallyThis trade got caught up in some FOMO. The system entry was on March 23, 2025, at $86037, but my entry was delayed until March 24, 2025, at $87459. Due to the late entry, I’m canceling this one. I’ve shared some deeper thoughts here and on X about FOMO – why it still creeps in even when you’re aware of it. Thanks for your patience!
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.
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.