Forex Signal For BTC/USD: Bearish Trendline Leading to a Causing Descent.
Forex Signal For BTC/USD: Bearish Trendline Leading to a Causing Descent.
The support of 45,000 dollars seems very important.
Last Monday's
BTC/USD signal could have produced a profitable long trade from the bullish bounce at the support level identified at $46,381, but the bullish price action would have been too slow for most traders to receive an acceptable entry signal.
Today's BTC/USD Signals
- The risk per trade is 0,50%.
- Trades can only be received on Tuesday before 17h00 Tokyo time.
Buying Trading Tips
- Buy long after the bullish price action reversal on the H1 time frame followed by the next touch of $45,261 or $42,651.
- Place the stop loss $100 below the local swing low.
- Set stop loss even when the trade is $100 profit relative to price.
- When the trade is $100 profit by price, take 50% of the position as profit and leave the rest of the position running.
Forex Signal For BTC/USD: Bearish Trendline Leading to a Causing Descent.
Sales Trade Tips
- Go sell after a bearish price action reversal on the H1 time frame followed by the next tap of $48,424, $49,923, $50,954 or $51,912.
- Place the stop loss above the local high at $100.
- Set stop loss even when the trade is $100 profit relative to price.
- When the trade is $100 profit by price, take 50% of the position as profit and leave the rest of the position running.
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