Bitcoin – my new intraday long trade!

oday I am back with my new long trade setup. Earlier I tried to make predictions and sometimes it played out, but when you try to predict the market move, one time you will be in the disaster

Hello, everyone!

Today I am back with my new long trade setup. Earlier I tried to make predictions and sometimes it played out, but when you try to predict the market move, one time you will be in the disaster. That is I have faced with recently. I was lucky to have the nice money managenent, that’s why I have lost only 8% of deposit. Now I am just following the market with my trading ideas.

On the 1h time frame BTCUSDT chart we can see that after the impulsive move the price started the corretcion. Now it has reached the 0.61 Fibonacci level, which could be the nice long entry point. We also have comfirmations with the gaining momentum on the awesome oscillator. The BTC has already broken the first fractal above the Williams alligator indicator’s red line, therefore I executed the long trade with the setup you can see on the chart.

Best regards, Ivan

Trade easy with Smart tools

Utilize AI-enhanced SmartBot for automated decisions and SmartTrade terminal for tailored manual trades, all in one integrated platform.

Similar blog posts

Skyrexio x Bybit are hosting a 30-day trading showdown. Top 30 traders take home the prize! How to Participate: 1️⃣ Register for Skyrexio x Bybit trading competition2️⃣ Trade using Skyrexio.com

Skyrexio is a leading non-custodial crypto trading platform and official broker for major exchanges announces the full integration with Crypto.com. With this partnership, Crypto.com users can now access all of

Skyrexio has integrated with Bybit to help users automate trading and simplify strategy execution across exchanges. Bybit users now have access to Alert Bots for automated TradingView alerts or custom

In this article you will learn how to combine Awesome Oscillator and Acceleration/Deceleration indicator in conjunction to have the trading zone for aggressive decisions.
Hello! Our COO Dmitry Efremov visited Token 2049 in Singapore! Here is the overview of key events there!
In this article you will learn how to use Acceleration / Deceleration indicator in your trading.