Bitcoin Day Trade Setups, Scalping Entries
Updated
🖥️ We have determined there is a 65% chance Bitcoin will rise from our current entry point.
📈 LONG BTC - Entry Price : $23,800 📉
💵 Length of trade: we are expecting BTC to hit a $350 scalp, with a high end of $750 and a minimum expectation of $200.
🕰️ Duration of trade: we are expecting this to occur within 4 hours of this signal, with a maximum duration of 9 hours .
📈 LONG BTC - Entry Price : $23,800 📉
💵 Length of trade: we are expecting BTC to hit a $350 scalp, with a high end of $750 and a minimum expectation of $200.
🕰️ Duration of trade: we are expecting this to occur within 4 hours of this signal, with a maximum duration of 9 hours .
Note
📋🏛️ The U.S. Fed minutes were released today, causing a negative reaction to the markets. Just like the Fed news from last week, caused a dip then a rise, we will be holding this position, seeing if this pattern continues.
Trade active
📈 We are Entering a LONG at $ 23,375 BTC.Bullish Divergences along a majority of main stream indicators on the 4h, 12h, & 1D chart. This seems to show the negative momentum of the Fed News could be at an end.
Trade active
📈✅ BTC just closed a 4-hour candle over the current 50 EMA on the 1-Day Chart ($23,420). This is a Bullish Sign.🏛️🗞️ WE HAVE ECONOMIC NEWS starting 8:30am EST, jobless claims. This could have a temporary negative effect , and then bounce if slightly bad. If it is well worse than expected, then all markets will be hit hard, and need to be re-assessed next week.
Trade closed: stop reached
❌ This position was a $300 Loss, when it's stop was hit.
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