Bitcoin Day Trading Setups, Scalping Entries
Updated
🖥️ We have determined there is a 60% chance Bitcoin will rise from our current entry point.
📈 LONG BTC - Entry Price : $22,860 📉
💵 Length of trade: we are expecting BTC to hit a $400 scalp, with a high end of $600 and a minimum expectation of $200.
🕰️ Duration of trade: we are expecting this to occur within 6 hours of this signal, with a maximum duration of 8.5 hours .
With the Inflation Data coming in early EST, Expect Volatility. Generally it has seemed that the number has been factored in prior to the inflation data coming up, leading to a raise after the announcement. We do like BTC for an upward path within the next half a day, but be mindful of the usual dangers that could arise from the CPI uncertainty.
📈 LONG BTC - Entry Price : $22,860 📉
💵 Length of trade: we are expecting BTC to hit a $400 scalp, with a high end of $600 and a minimum expectation of $200.
🕰️ Duration of trade: we are expecting this to occur within 6 hours of this signal, with a maximum duration of 8.5 hours .
With the Inflation Data coming in early EST, Expect Volatility. Generally it has seemed that the number has been factored in prior to the inflation data coming up, leading to a raise after the announcement. We do like BTC for an upward path within the next half a day, but be mindful of the usual dangers that could arise from the CPI uncertainty.
Note
📰 The Trade is going well, everyone should be $50-120 in profit. Stay focused, it seems it is on the way up. But we might see volatility coming within 90 minutes of the CPI data being released.Trade active
❗💵 Minimum Profit Target Hit $200 💵❗Congratulations to everyone who took the trade. Everyone should be in at least $100 profit. Make sure to set Stop-Losses, stay focused, and decide where you wanna exit. If you wanna let it ride, this is a winning trade, put your stop loss in some form of profit.
Note
❗💵 Congratulations High End Profit Target Exceeded 💵❗AMAZING TRADE! We are closing our position up $940 at $23,800 BTC
Inflation Data came in Better than expected, so if you decide to stay in and turn this into a longer trade, be care, and set a strong stop-loss.
Trade closed: target reached
💵Scalp Closed Successfully, at $23,800, entry 22,860 = Profit $940
Duration 9 hours
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