BitcoinLong
BTCUSD all set for a bullish run
Updated
Our first analysis of BTCUSD was fruitful and we were able to make some quick profits now the pair is all braced up for a bullish run, we have 3 trade scenarios.
Scenario #1
Buy BTCUSD if H1 close above $31750.00 for a Takeprofit of $32000.00, stoploss: $31200.00
Scenario #2
major trend of BTCUSD is bullish but around $32300.00 area pair is expected to make a retracement towards is near support area of around $31600.000.
Sell BTCUSD around $32300.00, Takeprofit: $31600.00 , stoploss: $32800.00
Scenario #3
Buy again around $31600.00, Takeprofit: $34000.00, stoploss: $30800.00
Scenario #1
Buy BTCUSD if H1 close above $31750.00 for a Takeprofit of $32000.00, stoploss: $31200.00
Scenario #2
major trend of BTCUSD is bullish but around $32300.00 area pair is expected to make a retracement towards is near support area of around $31600.000.
Sell BTCUSD around $32300.00, Takeprofit: $31600.00 , stoploss: $32800.00
Scenario #3
Buy again around $31600.00, Takeprofit: $34000.00, stoploss: $30800.00
Note
Our scenario #2 got succesfull and we were able to mak some green pips in it but ufortunately we loose all our gains in scenario #3 as price hit our stoploss.In larger picture I beleive BTCUSD willl be bullish and we are waiting for our scenario #1 to get in play hopefully today. I shared 1 more buy trade opportunity in BTCUSD in my new recently shared idea, please check. Scneario # 1 is still intact.
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