Forex Signal For BTC/USD: Consolidation However, Above $35,583.

    Forex Signal For BTC/USD: Consolidation However, Above $35,583. Bitcoin looks weaker than Ethereum today.  

Previous BTC/USD Signal

  The reason the previous signal, set on Monday last week, did not trigger because the price failed to fully reach the $32,817 support level when it hit the daily low.  

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

 

• Go buy after the next reversal of the bullish price action on the H1 time frame followed by the next touch of $35,583 or $32,817.
• Put the stop loss $100 below the local bearish.
• 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: Consolidation However, Above $35,583.

 

Selling Trading Ideas

 

• Go sell after a bearish price action reversal on the H1 time frame followed by the next touch of $37,233 at $38,047 or $39,642.
• 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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