Updated BTC Idea
BTC had a nice impulse up. Now we are just waiting for a second impulse BULLISH towards the 50% range and we can see a bullish flag forming. The take off can happen instantly but if we make it to POINT B at 3500$ I will be looking for a buy setup. Typically a nice floor formation on lower time frames followed by an hourly reversal.
TP prices to look for
Ideal entry: 3500$
SL: 3100$
TP1 @ 3750$
TP2 @ 3850$
TP3 @ 3950$
TP prices to look for
Ideal entry: 3500$
SL: 3100$
TP1 @ 3750$
TP2 @ 3850$
TP3 @ 3950$
Note
Flag range broke! look at that! All within 10hrs of the idea. I still will look for a pullback. Those who bought at 3300 zone should be well in profit now. Make sure to move stops. If another buy entry comes in we will take another buy in.Note
3700 touched.Note
TP 2 and 3 hit. Congrats everyone! New updated idea in profile!
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.
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.