Long

🟢 BTCUSDT - 4H (19.09.2022)

Updated

🟢 BTCUSDT

TF: 4H
Side: Long
Pattern: Double Bottom

Entry: Around $19,400
SL: $19,019.94

TP 1: $20,147.92
TP 2: $20,651.67
TP 3: $21,058.80
TP 4: $21,465.92

Maybe wait for the current 4H candle to close first and enter for safer a trade.

Note

SL moved to $18536.05

Note

Added more to the position. If 18.6k holds I will update the TPs.

Note

Added some more again to the position. I think it will hold 4H closed well.

Updated chart:

Note

Updated TPs:

TP 1: $19,646.65
TP 2: $20,246.16
TP 3: $20,730.74
TP 4: $21,215.29

Note

BTC is giving a good recovery reaction at 18.6k support, so this position will remain open. Best thing to do during that bear trap would have been to stay patient and DCA the position.

Note

After some DCA in to this position it is giving good results.

Updated TPs:

TP 1: $19,329.85
TP 2: $19,989.92
TP 3: $20,523.41
TP 4: $21,056.89

Updated chart:

Note

✅ TP 1

Note

✅ TP 2

priitzzy

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