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AlanSantana
Oct 9, 2019 6:07 PM

Bitcoin (XBT) With 10X Leverage | Likely To Hit $9,200 Next! Long

BITMEX:XBTUSD.P1D
Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

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I've been tracking Bitcoin (XBTUSD) for a while now and have an active trade for this last move.

This trade is already past the buy-in but you can still see the target, they might be useful to you.

Bitcoin can easily challenge EMA50 (magenta line) now that it moves pass EMA10 with good strength and volume.
EMA50 is a very important indicator of the daily timeframe, so depending on how it is handled we will know if BTC will go higher or stop there.

Here are the trade details with leverage...

Remember this is only for experienced/advanced traders.
This is not financial advice.

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Pair: LONG XBTUSD (Bitcoin)

Leverage: 10X

Buy-in: $8,000 - $8,250

Targets:

(1) $8,510 |Hit 1-Oct. (+50.6%)
(*) $8,692 |HIt 9-Oct. (+73.0%)
(2) $8,800 |Next target...
(3) $9,000
(4) $9,200

Stop-loss: Close daily candle (D) below $7,600.

Liq. price: $7,398
(Buy-in calculated at $8,100)

Potential profits: 135.8%

Capital allocation: 8%.

Date: 1-Oct.
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Thanks a lot for the continued support.

Namaste.

Comment

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Targets:

(1) $8,510 |Hit 1-Oct. (+50.6%)
(2) $8,800 |Hit 11-Oct. (+86.4%)
Trend AnalysisTechnical IndicatorsBeyond Technical AnalysisxbtXBTUSDBitcoin (Cryptocurrency)alanmastersBTCUSDaltcoinscrypto
Comments
CryptoBullet
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great work!
our idea stands
AlanSantana
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@CryptoBullet, Thanks for sharing.
AltonEast
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Well done Namaste, you was the last man standing on bullish idea .
Thanks for sharing and caring bru
AlanSantana
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@altoneastco, Yes... It was a long ride... :)
mazurk
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Yea , probably with CME futures before the end of october
AlanSantana
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@mazurk, Can you share more details?
mario333
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ood afternoon sir, the analysis of the altcoins continues with this rise? if people buy btc, would there not be more money circulating in btc / alt pairs? thanks.
fayzondoe
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@mario333, altcoins should continue to rise aswell. :)
AlanSantana
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@faizondoe, Exactly.
mario333
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@faizondoe, thanks a lot man.
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