Forex Signal For BTC/USD: Long Term Consolidation Underway

    Forex Signal For BTC/USD: Long Term Consolidation Underway   The price has come very close to the key support at $18,297.  

Previous BTC/USD Signal

 

• The previous Bitcoin signal on September 29 was not triggered as the price did not reach any of the key support or resistance levels set that day.

 

Today's BTC/USD Signals

 

• The risk per trade is 0,50%.
• Transactions must be made on Wednesday before 17h00 Tokyo time.

 

Buying Trading Tips

 

• Go buy as soon as the bullish price action reverses on the H1 time frame after the next touch of $18,927 or $18,570.
• Put the stop loss $100 below the local volatility low.
• Move the stop loss even when the trade is $100 profit by price.
• When the trade is $100 profit by price, remove 50% of the position as profit and let the rest of the position last.

 

Forex Signal For BTC/USD: Long Term Consolidation Underway

 

Sales Trade Tips

 

• Sell ​​as soon as the bearish action reverses on the H1 time frame after the next touch of $19,596 or $19,727.
• Place the stop loss $100 above the local volatility high.
• Move the stop loss even when the trade is $100 profit by price.
• When the trade is $100 profit by price, remove 50% of the position as profit and let the rest of the position last.

   

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