In May 2021, Pipsologics ENIGMA provided clear directional bias and multiple sell entries for Bitcoin on the 90-minute timeframe, represented by red dots on the chart. The trades aimed for an ultimate take profit target of $30,000, with a breakeven point at $47,000.
Here’s a breakdown of the sell entries:
- Trade 1: May 8th, New York session
- Trade 2: May 12th, New York session
- Trade 3: May 15th, London session
- Trade 4: May 15th, New York session
- Trade 5: May 18th, New York session