Forex Signal For BTC/USD: Bullish Consolidation Expected Above $20,754.

      Forex Signal For BTC/USD: Bullish Consolidation Expected Above $20,754.   Bitcoin still finds buyers close to $20,000.  

Previous BTC/USD Signal

 

• The previous signal on August 18 was not triggered because there was no bullish price action when the support levels set that day were first reached.

Unfortunately, the day's high is just below the nearest resistance level.  

Today's BTC/USD Signals

 

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

 

Buying Trading Tips

 

• Buy as soon as the bullish price action reverses on the H1 time frame after the next touch of $20,754 or $20,381.
• 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 continue to drive the rest of the position.

 

Forex Signal For BTC/USD: Bullish Consolidation Expected Above $20,754.

 

Sales Trade Tips

 

• Sell ​​as soon as a bearish price action reverses on the H1 time frame after the next touch of $22,713, $23,163 or $23,609.
• 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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