VirlVideo

Bitcoin Scalping Signal for Day Trading

Long
VirlVideo Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
🖥️ We have determined there is a 60% chance Bitcoin will rise from our current entry point.

📈 LONG BTC - Entry Price : $22,750 📉


💵 Length of trade: we are expecting BTC to hit a $200 scalp, with a high end of $350 and a minimum expectation of $125.

🕰️ Duration of trade: we are expecting this to occur within 4 hours of this signal, with a maximum duration of 8.5 hours .
Comment:
📰 so far the trade is going smoothly, every person who entered should be in some form of profit. Stay mindful of the charts, and keep an eye for a spot to set a stop-loss, and take profit.

we do still see positive upside for those who enter currently, $22,830
Trade active:
our Minimum profit target $125 was exceeded by $35 then rejected. Keep an eye on BTC it might be moving in a wave.
Trade active:
❗💵 CONGRADULATIONS our Expected Profit Target Hit 💵❗

We have hit our $200 profit target, all traders should be in some form of decent profit now. Stay focused set Stop-Losses and decide when to take profit.
Comment:
Though if you were able to make $200 of profit or more, we don't see any issue with playing it safe and exiting the trade, (post-only if able to)
Comment:
📈📥 If BTC continues upward we are looking at $23,050 as an exit-point. This is the 50ema on the 4h, and generally this is a good spot to head towards, or be stopped by.

Though we did hit the expected profit, so BTC could retrace from this point, so decide how long you want to stay in if it drops.
Comment:
❗💵A SECOND CHANCE TO TAKE PROFIT HAS HIT
Trade closed: target reached:
❗💵 Trade Closed in Profit

BTC hit $10 below our second goal of $23,050, so we closed our trade at $23,020. Making $270 profit.

We are now looking at a short from the current position
Comment:
❗if there's anyone still in this trade, BTC has given another good selling opportunity, and showing possible short ops soon.

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.