Bitcoin Day Trading Setups, Scalping Entries
Updated
🖥️ We have determined there is a 65% chance Bitcoin will Fall from our current entry point.
📉 SHORT BTC - Entry Price Adj. to : $24,460 📉
💵 Length of trade: we are expecting BTC to hit a 300 scalp, with a high end of $500, and a minimum expectation of $200.
We see BTC back testing $24,000
We are playing off that generally after these news spikes with the CPI, we have a retracement in the next 48 hours.
🕰️ Duration of trade: we are expecting this to occur in 6 hours of this signal, with a maximum duration of 9 hours .
📉 SHORT BTC - Entry Price Adj. to : $24,460 📉
💵 Length of trade: we are expecting BTC to hit a 300 scalp, with a high end of $500, and a minimum expectation of $200.
We see BTC back testing $24,000
We are playing off that generally after these news spikes with the CPI, we have a retracement in the next 48 hours.
🕰️ Duration of trade: we are expecting this to occur in 6 hours of this signal, with a maximum duration of 9 hours .
Note
We are re-affirming a short, current price $24,535Note
📰 This Trade is still Active. We entered slightly early, but we thought it was important to get in early with the likelihood of drops post CPI data releases.We were treating this as more a scalp down to $23,000 once it breaks 24K
Note
📰📉 This Trade currently is $600 in Profit, Exceeding the high end profit target.We are setting our Stop-Loss $250 in profit. But we are continuing to hold our position, looking for more downside. We see $23,250 as a next Profit Target
Trade closed: target reached
📋💵 We are closing this trade successfully at $23,950 making $510 profit
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.