TATCH 👻 TRADING JOURNAL: [BTC] Quick bucks on Bitcoin before next smash (counter-trend move)
Hi guys !
Possible quick bucks on Bitcoin long trade 🤑😇
Big picture
- 11800$ is a very 'marked' area and it's set to act as a potential pivot area in the futur...
Short-term move
On the very short term price should drop a bit more but it should hit 9750$ with a very high probability (magnet area)
Best would be to enter on a short trap or a 'second entry' (pullback) on M15 timeframe in order to choice a tight SL.
Potential trade
Trade example*
- Entry: around 9000$
- SL: 8600$ or 8300$
- TP1: 9750$ (very high probability to be hit)
- TP2: 11800$ (lots of stops there)
- TP3: 13130$ (previously 'missed' area)
Risk/Reward: from +1 up to 10.3 for the most aggressive !
Long-term
Remember that on the long run BTC should drop some more; at least 5500$ !
Don't hesitate to join us on Telegram, upvote, share and ask questions in comment section.
Much love
Cédric
Tatch Capital Limited
[TCN]: Tatch Convertible Note (aka TatchCoin)
https://tatchcapital.com/token.html
[EUR/TCN]
https://wallet.tatchcapital.com/market/TATCHCOIN_EUR
All disclaimers and common sense apply.
No advise, just personal commentary.
"Never go full retard".
Great tips here!
For future viewers: price of bitcoin at the moment of posting is 8815.40USD
9750$ (TP1) was easily hit 🤓
Thank you for sharing. Going to specialize on Bitcoin for now. Sick of waiting for the alts. Will leave what I have in the alts and invest in Bitcoin from now on. Thanks again.