Bitcoin "Long" Recovery on the 2 hour (Bump & Grind)

Just like those favourite R&B old school bump and grind songs we loved growing up Bitcoin is starting to play our song.
Let me know which slow jam was your favourite jam. What are you listening to now?

Looking at an identified long trade opportunity off the 2hour time frame by the ninja scalper.
This is confirmed on the 15min where will look to manage the trade on awaiting a strong buy alert.
$8542 on GDL support should not hold here as it is resting on the 15min cloud top, would be betting the cloud not holding support as per usual.
We have a negative energy release in the process o coming towards the backside could give the lift needed.
Wait is on the complete energy release before the trade is to be entered.
As always scale into size is important.
Yes a short could work but the longer trade time frame fovours going long after this sell off / shake out is completed.
As we are scaling in this is better to start looking for entry now over shorting then switching.

As always trade ideas are generated from The NinjaSCalper (Part of the trade indicator suite of tools)

#TradeSafe #TradeSocially

None of this is investment advice just for your infotainment and edutainment

עסקה פעילה:

I tried to limp in before the buy triggered scaled in a small long starter $8536 not holding exited $8533.50 looks like a push down for close getting out so they can do as they please as I wait for the long alert

עסקה סגורה: היעד הושג:

We had very nice scalp into that didn't get the flush I was hoping for on the cloud collapse though. Once we broke $8195 I thought she would go. I set a trailing stop and was paid at $8098 almost out perfectly expected $30 profit on a $50 range. Gone are the days when that was a $200 play on either side of $8000 we living in a $70 range world right now