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Forex Signal For BTC/USD: Recovery from the Dangerous Breakdown

Forex Signal For BTC/USD: Recovery from the Dangerous Breakdown

Ross Sutton by Ross Sutton
May 17, 2022
in Considerable Content, Daily Analysis
0
btcusd_17052022
14
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Forex Signal For BTC/USD: Recovery from the Dangerous Breakdown

 

 

Forex Signal For BTC/USD: Recovery from the Dangerous Breakdown

The price is expected to rise to $33.45.

 

Previous BTC/USD Signal

 

  • The previous signal on May 9 was not triggered because there was no immediate price move at one of the key support levels detected that day. Unfortunately, the price came close to $33,828, but it never reached that level.

 

Today’s BTC/USD Signals

 

  • 0,50% risk per trade.
  • Trading may take place before 17h00 Tokyo time on Wednesday.

 

Buying Trade Tips

 

  • After the next touch of $28,607, $27,981, or $27,487, go shopping after the mass price move in the H1 time frame.
  • Reduce the $100 loss to below the local level.
  • Stop the loss of stop even when the trading price, for $100 per profit, breaks down.
  • Remove 50% of the position as a profit; let’s leave the profit at 100 dollars per trade price and the rest to be maintained.

 

Forex Signal For BTC/USD: Recovery from the Dangerous Breakdown

 

Sales Trade Tips

 

  • After the next touch of $33,445 or $33,828, go to market after the H1 time frame price changes
  • Put the loss at a higher than $100.
  • Stop the loss of stop even when the trading price, for $100 per profit, breaks down.
  • Remove 50% of the position as a profit; let’s leave the profit at 100 dollars per trade price and the rest to be maintained.

 

btcusd_17052022

 

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