Bitcoin Trade Idea with the end goal of 6221.
Short term Breakout and Scalp StopLoss: 5233
*5577 Pivotal Swing
*5888 Pivotal Swing
Impulse to 6221
Swing Invalidation Under 4930.
Short term Breakout and Scalp StopLoss: 5233
*5577 Pivotal Swing
*5888 Pivotal Swing
Impulse to 6221
Swing Invalidation Under 4930.
Note
Easter Wicks and signs of weakness...Look to buy in the lower 5k region.
This gameplan is sidelined until more confirmation
Trade active
Trade Active. Scaling in partially with our add on trigger at 5350Note
SL Invalidation 5221, with short term invalidation at 5166. Play with the size until you find a risk you are comfortable with. The soft stop should never be hit. If you plan to be away from computer 5166 is the gameplan.
Note
BTC Holding up looking to run this level as anticipated.Trade closed manually
Inverse News. Going Flat.
Idea voided
Trade active
Trade Active Again!Note
Nearing 5400 Pivotal Point. Get ready for fireworks soon. Invalidation below 5250.
Stop losses trailed to below previous daily close at around 5313.
Good luck!
Note
Partial Take profit near 5800Note
take partial profit above 6030-6100. One more impulse is possible to 6221.
Could wick over to 6350-6400.
Trade closed: target reached
6221 Impulse. Target Reached.
Time to setup new idea.
6221-6450 are important levels to watch and will be the support/breakdown level going forward.
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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.
Related publications
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.