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Tuesday, August 18, 2020

BTC Intraday Buys

BTC Intraday Buys

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

Back at Bitcoin again today. Which gave us another Intraday trade, i was looking for a deeper retracement in price, but BTC had other ideas. Thats why i gave the two setup ideas for longs. We got a nice rejection on the moving average not once but twice. Entry on that support level of 11.4k and stop loss under previous days low and we still got over 1:2 R:R. TP smashed which is nice

Whats next? Same again? let me know your thoughts, i will always look for deeper retracements in price, but also jump on recently made support zones for buys. GLIYF



from Trading Ideas https://ift.tt/3iKl7Dc
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