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$BTC (1hr) Here is a video on a setup for all you low time frame scalpers. Double bottom and then also a breakout arrow from @Tradingalpha_ . Every entry should be followed by Blue Stop Loss Dots to keep your portfolio safe. It also allows you to take more trades. [Spoken audio]: Okay, it's wick here and now for you scalpers you short-term day traders. Okay, this is on Bitcoin It's a very volatile asset as you know, it's a 50 vol asset So you get a lot of these opportunities here. You can see we went through a stage four here on the one-hour time frame We formed a double bottom that is now playing out trying to retest the track line and having a good reaction and breaking out now Out of that retest. Okay, but what you see here from trading alpha guys is clear red All right, so obviously red means no buying and you start to see this take structure on this double bottom We form the bottom signal here, and then the reversal right over here So this was all telling you this is all clues to give you clues that this was the first leg Boom middle part and then second leg right boom green dots, which is our confirmation sign of strength Also, if you're a classic technical analysis Breaking above the midpoint on a double bottom, which would be your confirmation We get a little earlier here with the green dot and then of course That's what we're seeing here in this current setup in Bitcoin as we push higher here, okay. Now when you have this setup guys, you don't want to try and guess when to get out. Yes, you can look at the dots to see when the trend is, you know, changing. But the really easy thing to do is we've not created these alpha stops, which I talk about non-stop because quite frankly, I'm very proud of them. I think they do probably the best job I've ever seen at capturing the most of a stage to uptrend once you clearly identify it like this okay so again these are where my stop losses are and as they move higher my stop losses will adjust higher locking this profit forcing the trade to either keep performing or take me out of the trade that way I have little drawdowns and protect my profits all right that's your read on Bitcoin guys I hope you enjoyed it trading alpha.io you already know it's it's called the Alpha Volco Grabbits. I'll catch you soon on the next chart. Cheers.
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