Bitcoin long initiated

 Bitcoin long initiated


Initiated a long on BTC at the breakout as marked in chart,

will use trailing stoploss with target around the upper range marked in the chart

Comments

Post a Comment

Popular posts from this blog

TRADE SETUP ENA/USDT

Image
 Trade 1  ENA/USDT DATE 28 MAY 2025 BUY BETWEEN 0.37-0.33 WITH STOPLOSS  0.24 POSITIONAL SETUP WITH TARGETS MARKED ON CHART NOTE IDEALLY I WOULD LIKE TO SEE IT TRADING AGAIN AROUND $1 TRADING VIEW PRIVATE CHART LINK   https://www.tradingview.com/chart/ENAUSDT/ELKA82cY-ENA-USDT-trading-idea/ Important Financial Disclaimer: Please read this disclaimer carefully before making any trading decisions based on the information provided, including the accompanying chart and the ENA/USDT trading idea. No Financial Advice: The information presented here, including the suggested buy range, stop-loss level, and target prices for ENA/USDT, is for educational and informational purposes only. It should not be considered financial advice, investment recommendations, or a solicitation to buy or sell any cryptocurrency or financial instrument. Personal Responsibility: Trading cryptocurrencies involves significant risks, and you can lose your entire investment. The analysis provided ...
Read more

UPDATE ON BTC LONG TRADE WITH CHART

Image
  BTC Long: Riding the Trend, Protecting Profits                                                 Initiated a long position at 103,400.   Current Market State & Price Action: Current Price: The market is currently trading at 104,619 Profit Status: The position is currently in profit, reflecting a positive initial validation of our entry. Structure: BTC has been consolidating within what appears to be a descending channel or bull flag formation. This pattern often resolves to the upside in a continuation of the preceding trend. Key Support Identified: A critical horizontal support level has formed around 100,633.4 . This level previously acted as resistance and has now demonstrated its efficacy as support, a classic flip in market structure. Stop-Loss (SL) Adjustment:  I have moved my Stop-Loss (SL) into profit. By doing I, we have e...
Read more

BTCUSDT Bearish Breakdown Potential - June 3, 2025

Image
  BITCOIN SETUP 3 JUNE 2025 Price at $105,087, key support at $100K. Bitcoin has been trading within an ascending channel (indicated by the two upward-sloping white trendlines). Recently, the price appears to have broken down from a smaller bearish flag pattern (outlined by the two downward-sloping white trendlines within the larger channel). This bearish flag breakdown suggests potential for further downward movement. The red arrow indicates a possible trajectory following this breakdown. A significant support zone appears to be around the $100,000 level (highlighted by the green horizontal bar). This level could act as a potential target or area where selling pressure might subside. Disclaimer: This is a brief analysis based on the provided chart and should not be considered financial advice. Trading in cryptocurrencies involves significant risk.
Read more