Hi guys !
Possible quick bucks on Bitcoin long trade 🤑😇
Big picture
- 11800$ is a very 'marked' area and it's set to act as a potential pivot area in the futur...
Short-term move
On the very short term price should drop a bit more but it should hit 9750$ with a very high probability (magnet area)
Best would be to enter on a short trap or a 'second entry' (pullback) on M15 timeframe in order to choice a tight SL.
Potential trade
Trade example*
- Entry: around 9000$
- SL: 8600$ or 8300$
- TP1: 9750$ (very high probability to be hit)
- TP2: 11800$ (lots of stops there)
- TP3: 13130$ (previously 'missed' area)
Risk/Reward: from +1 up to 10.3 for the most aggressive !
Long-term
Remember that on the long run BTC should drop some more; at least 5500$ !
Don't hesitate to join us on Telegram, upvote, share and ask questions in comment section.
Much love
Cédric
Tatch Capital Limited
[TCN]: Tatch Convertible Note (aka TatchCoin)
https://tatchcapital.com/token.html
[EUR/TCN]
https://wallet.tatchcapital.com/market/TATCHCOIN_EUR
All disclaimers and common sense apply.
No advise, just personal commentary.
"Never go full retard".
Great tips here!
Thank you for sharing. Going to specialize on Bitcoin for now. Sick of waiting for the alts. Will leave what I have in the alts and invest in Bitcoin from now on. Thanks again.
9750$ (TP1) was easily hit 🤓