Bitcoin / TetherUS
Long
Updated

BTC Short Term Long Trade Idea [Playing with profits]

213
Trying a long trade here with BTC.

I think it is forming a base here based on previous high, and might bounce from here.

This is a risky trade which is why Stop-Loss is very tight and aiming for a Risk-Reward of at least 1:3

Entry Price: 63814.4
SL: 63663

TP1: 63997.40
TP2: 64219.11
TP3: 64662.34


Will be trailing my SL according to the price movement.

I don't think I'll be following the trade, since it's late here, but this will also be a hedge to my SOL short trade that I still have open.

Good luck and let me know what you think of the idea.
Trade closed: stop reached
Ooopsie!! This hit the SL very quick. All I can hope for is that it doesn't bounce now :)
Will get back to the trades tomorrow. GN!

SOL trade is still on.

Good Luck!

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