whiterose144

(4-16) Bitcoin 15min Div Setting Up

Long
BITFINEX:BTCUSD   Bitcoin
Bull Divergence on Bitcoin is my main trade, and to be honest I only should trade this kind of trade. This is a setup to snipe the bottom of the would-be double bottom W

Snag entries in that zone, snipe big towards the bottom, Tight stop loss a little under the zone. Maybe 7840ish or less. OR wait for Bull divergence to form on 5m or 3m for confirmation.

TP 1 Conservatevely is at the middle of the small would be W at 7999. Usually Aiming for 1:1 Profit with this take profit because this pays out the most, and you wanna snatch that profit.
TP2 8100

Note* It's technically not divergent until it rejects the bottom. This is spotting it before. A good range for pendings would be 7920 and lower
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.