Bitcoin Day Trading Setups, Scalp & Swing Entries
Updated
🖥️ We have determined there is a 60% chance Bitcoin will RISE from our current entry point.
📈 LONG BTC - Entry Price : $21,525📉
💵 Length of trade: we are expecting BTC to hit a $300 scalp, with a high end of $600 and a minimum expectation of $200.
🔀 We are in a Raising-Wedge Pattern, which has around a 65% chance to fall to the downside. We do feel there is still a stronger chance for some upside if this plays out.
📈 LONG BTC - Entry Price : $21,525📉
💵 Length of trade: we are expecting BTC to hit a $300 scalp, with a high end of $600 and a minimum expectation of $200.
🔀 We are in a Raising-Wedge Pattern, which has around a 65% chance to fall to the downside. We do feel there is still a stronger chance for some upside if this plays out.
Trade active
🕰️ We feel within 6 hours there can be a spike to hit a decent exit. We do see this continuing through Monday into a swing trade. If Asian, Euro and U.S. market are doing decently then BTC should continue up.Note
📈 Like BTC for a current Entry $21,465we like the state of BTC for continuing Long, our position is at $21,525.
🏗️ The 50 ema on the 4H ($22,450) & 50 ema on the 1D (23,100) look like solid Targets for it BTC continues positive as anticipated.
💹 This is Pending SP/U.S. Market keep this upward motion, or at least sideways form here. It looks to fill a gap formed above its current price.
Trade closed: stop reached
📋 We're Exiting the Trade now $21,300. The SP turned negative, and maybe the rising wedge BTC is forming is playing out.
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