Forex Signal For BTC/USD: Cryptocurrency Threatens Drop Point Below $40,000.

    Forex Signal For BTC/USD: Cryptocurrency Threatens Drop Point Below $40,000. The crypto industry continues to show bearish signs, but the bull market is still battling.  

Previous BTC/USD Signal

  The BTC/USD signal prior to Thursday two weeks ago was not triggered as there was no bullish price action when any support level was first reached.  

Today's BTC/USD Signals

 

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

 

Buying Trading Tips

 

• Go buy after the bullish price action reversal on the H1 time frame followed by the next touch of $41,638 or $39,622.
• 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 let the rest of the position last.

 

Forex Signal For BTC/USD: Cryptocurrency Threatens Drop Point Below $40,000.

 

Sales Trade Tips

 

• Go sell after a bearish price action reversal on the H1 timeframe followed by the next touch of $42,591 or $43,581.
• 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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