(4-16) Bitcoin 15min Div Setting Up
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
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
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