BitcoinLong
BTC swing trade
Updated
Entry 7050
Stop loss 6400
Profit level: 7900
Reasons:
price found support around 7k
volume is bullish
rsi and macd bullish divergence
Explanation for the trade:
If the price moves up we want to catch the move, btc seems unstable and MM is making the market very hard to trade but if he doesnt want to kill
the market for another 2 years he better put some doe in this b*tch and move it up.
*Price needs to trade above our entry for at least 15min before the trade is active.
*second profit level can be 10 000 but only if we see some further bullish bias... will update on that
Stop loss 6400
Profit level: 7900
Reasons:
price found support around 7k
volume is bullish
rsi and macd bullish divergence
Explanation for the trade:
If the price moves up we want to catch the move, btc seems unstable and MM is making the market very hard to trade but if he doesnt want to kill
the market for another 2 years he better put some doe in this b*tch and move it up.
*Price needs to trade above our entry for at least 15min before the trade is active.
*second profit level can be 10 000 but only if we see some further bullish bias... will update on that
Trade closed manually
Market makers decidet to take a shiet on the market... watching very close and thinking about closing the trade earlier
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