BTC: today SHORT under 24000 USD

١٢ أغسطس ٢٠٢٢

Today I'm expecting Bitcoin (BTCUSD) price will show some impulse down when cross the 82H EMA (23900 USD now).

Also, the Fib Channel level 0.236 (23750 USD now) is very attractive to be broken down.

Entry 24000
Take 23500
Stop depends on your system

Ask for more analysis details in comments.

Higher time frame (4h):


My previous trading idea published on August 9th worked even better than expected!
Boosts and comments are welcome!

١٢ أغسطس ٢٠٢٢

أغلقت الصفقة: تم الوصول للهدف

We've closed this SHORT scalping position.
In the beginning, the price was acting as expected - went down.
However, later it switched to the upward direction.
So, 75% of the position was closed by Take Profit orders and 25% - using the Trailing Stop order in breakeven.