BTC - USDT 240 minutes - Waiting for the alligator to wake up

Updated

My previous set up didn't work and I had to stop out on that trade. Now, I am watching BTC in 4 hours and it is trying to peek out of the falling trend line. Let's see if that move will find some volume support to turn into a new trend.

Place your stop losses - trade safe.
Q.

Trade active

Looking to open a long position here as the trend line is breached and pull back is completed.

Small lot - stop loss 7900 USD.
TP 885x for now.

Note

Once again, the trade lingers at the stop loss line. Watching closely.

quickicofacts

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