Bitcoin Scalping Signal for Day Trading
Updated
🖥️ We have determined there is a 70% chance Bitcoin will RISE from our current entry point.
📉 LONG - BTC : $16,821 📉
💵 Length of trade: we are expecting BTC to hit a $250 scalp, with a high end of $300 - minimum expectation $150.
🕰️ Duration of trade: we are expecting this to occur within a couple hours of market open Tuesday. And we can see this continuing until tomorrow. We are looking to a more positive week, pending no negative news impacts on the market.
📊🖥️ INDICATOR SHOWN ON CHART : Scot Signal Indicator
📉 LONG - BTC : $16,821 📉
💵 Length of trade: we are expecting BTC to hit a $250 scalp, with a high end of $300 - minimum expectation $150.
🕰️ Duration of trade: we are expecting this to occur within a couple hours of market open Tuesday. And we can see this continuing until tomorrow. We are looking to a more positive week, pending no negative news impacts on the market.
📊🖥️ INDICATOR SHOWN ON CHART : Scot Signal Indicator
Trade closed: stop reached
⛔ Stop-Loss hit ❌ $321. We are still liking this area for swing trades, and we do have our swings still open. BTC we feel is channeling like it did with the 17.5-20k levels a couple months ago. And we do think it will try to touch the bottom of that channel. Longs still feel more comfortable if willing to hold for 7-14 days, but for daily very higher leverage players ( 15x-100x ) there seems chop can occur.
Next trade will be coming within 24 hours
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