Forex Signal For BTC/USD: Bear Market Below $42,500.

  Forex Signal For BTC/USD: Bear Market Below $42,500.   The crypto industry has been showing bearish signs for the past ten days. The previous BTC/USD signal set on Monday last week produced an excellent and highly profitable short trade from the $51,912 drop.  

Today's BTC/USD Signals

 

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

 

Buying Trading Tips

 

• Go long after the bullish price action reversal on the H1 time frame followed by the next touch of $42,651, $38,728 or $37,633.
• Place the stop loss $100 below the local swing low.
• Set stop loss even when the trade is $100 profit by 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: Bear Market Below $42,500.

 

Sales Trade Tips

 

• Sell ​​on the next touch of $45,261 or $38,728 or $37,633 and after a bearish price reversal on the H1 time frame.
• Place the stop loss above the local high at $100.
• Set stop loss even when the trade is $100 profit by 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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