In May 2023, Pipsologics ENIGMA provided clear directional bias and multiple long entries for Bitcoin on the 30-minute timeframe, represented by green dots on the chart. The trades aimed for an ultimate take profit target of $70,000, with partial profits taken at the short-term target of $50,000.
Here’s a breakdown of the long entries:
- Trade 1: May 25th, London session
- Trade 2: May 26th, Asian session