Forex Signal For BTC/USD: Still in a Bullish Price Channel

      Forex Signal For BTC/USD: Still in a Bullish Price Channel Bitcoin continues to sell gently amid worsening risk sentiment.  

Previous BTC/USD Signal

 

• The previous signal was not triggered on August 8 because there was no bullish price action when the designated support levels were first reached that day.

 

Today's BTC/USD Signals

 

• The risk per trade is 0,50%.
• Exchanges can only be made on Friday before 17h00 Tokyo time.

 

Buying Trading Tips

 

• Buy after hitting the next H1 timeframe of $23,028 at $22,713 or $21,449.
• Place the stop loss $100 below the local swing low.
• Set the stop loss so that the trade is broken even when there is a profit of $100 relative to the 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: Still in a Bullish Price Channel

 

Sales Trade Tips

 

• Sell ​​as soon as a bearish price action reverses on the H1 timeframe after the next touch of $23,609 or $24,466.
• Place the stop loss above the local high at $100.
• Set the stop loss so that the trade is broken even when there is a profit of $100 relative to the 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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