Bitcoin Scalp Signal for Day Trading
🖥️ We have determined there is a 65% chance Bitcoin will Rise from our current entry point.
📉 LONG - BTC : $20,710 📉
💵 Length of trade: we are expecting BTC to hit a $500 scalp, with a high end of $700, and a minimum expectation of $350.
🕰️ Duration of trade: we are expecting the minimum target to occur within 10 hours. Then we see the rest of this trade playing out around market open for NYSE. Tomorrow there is key economic data released before market open, which could cause big moves. Today the economic data caused a positive spike of 500pts, we will try to sell during this spike, if it occurs similar on Thursday.
📊🖥️ INDICATOR SHOWN ON CHART : Scot Signal Indicator
📉 LONG - BTC : $20,710 📉
💵 Length of trade: we are expecting BTC to hit a $500 scalp, with a high end of $700, and a minimum expectation of $350.
🕰️ Duration of trade: we are expecting the minimum target to occur within 10 hours. Then we see the rest of this trade playing out around market open for NYSE. Tomorrow there is key economic data released before market open, which could cause big moves. Today the economic data caused a positive spike of 500pts, we will try to sell during this spike, if it occurs similar on Thursday.
📊🖥️ INDICATOR SHOWN ON CHART : Scot Signal Indicator
Trade closed manually
We are EXITING THIS TRADE, at 20,740. $30 in Profit.Economic news was robust, this will lead to increased Fed aggression, and a lower market. We are playing it safe while up still.
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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.
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.