Long

Bitcoin - Expecting breakout

Updated

Bitcoin - Planning to buy the bottom of the flag.

Note

Still there is a chance for bitcoin to fall but looking at higher lows in the flag , exit point is well defined. So the risk is worth

Note

snapshot

Note

seeing rejection. Looks like it is respecting the trend line. If next 2 candles dont break lower trend line, I will be entering long.

Trade active

Trade active

snapshot

Trade active

BOOM!!

snapshot

Trade active

TP1 6000
TP2 6200
TP3 6400

Trade active

Took TP1 at 5985

Trade closed manually

5950

Note

Looks like a consolidation again. Will buy again at bottom of the flag with tight stop loss

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.