Forex Signal For BTC/USD: Expected to Consolidate Above $19k.

    Forex Signal For BTC/USD: Expected to Consolidate Above $19k.   Crypto markets are quiet.  

Previous BTC/USD Signal

 

• The previous Bitcoin signal on October 11 produced a long trade from the hourly bullish candlestick rejecting the support level identified as $18,927, making a very marginal profit throughout the day.

 

Today's BTC/USD Signals

 

• The risk per trade is 0,50%.
• Transactions can only be entered on Thursday before 17h00 Tokyo time.

 

Buying Trading Tips

 

• Go buy as soon as the bullish price action reverses on the H1 time frame after the next touch of $18,996, $18,856 or $18,570.
• Place the stop loss $100 below the local 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: Expected to Consolidate Above $19k.

 

Sales Trade Tips

 

• Sell ​​as soon as a bearish price reversal on the H1 time frame reverses after the next touch of $19,463, $19,939 or $20,532.
• 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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