Hello Traders.
Welcome to today’s trade idea by GTradingMethod.
🧐 Market Overview:
Bitcoin is trending lower while the RSI is forming higher lows, creating positive RSI divergence — a bullish signal. I’ll be watching for the hourly candle to close within range alongside confirmation from other GTradingMethod indicators before entering.
📊 Trade Plan:
Risk/Reward: 3.1
Entry: 109,104
Stop Loss: 108,234
Take Profit 1 (50%): 111,494
Take Profit 2 (50%): 112,453
💡 GTradingMethod Tip:
RSI divergence can often signal a momentum shift before price action confirms the move.
🙏 Thanks for checking out my post!
Make sure to follow me to catch the next idea and share your thoughts — I’d love to hear them.
📌 Please note:
This is not financial advice. This content is to track my trading journey and for educational purposes only.
Welcome to today’s trade idea by GTradingMethod.
🧐 Market Overview:
Bitcoin is trending lower while the RSI is forming higher lows, creating positive RSI divergence — a bullish signal. I’ll be watching for the hourly candle to close within range alongside confirmation from other GTradingMethod indicators before entering.
📊 Trade Plan:
Risk/Reward: 3.1
Entry: 109,104
Stop Loss: 108,234
Take Profit 1 (50%): 111,494
Take Profit 2 (50%): 112,453
💡 GTradingMethod Tip:
RSI divergence can often signal a momentum shift before price action confirms the move.
🙏 Thanks for checking out my post!
Make sure to follow me to catch the next idea and share your thoughts — I’d love to hear them.
📌 Please note:
This is not financial advice. This content is to track my trading journey and for educational purposes only.
Order cancelled
No longer meets my criteria for a double bottom.On to the next one.
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.
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.