Forex Signal For BTC/USD: Keeps Looking Weak.

    Forex Signal For BTC/USD: Keeps Looking Weak. There are signs of a potential temporary bottom near $20,000.  

Previous BTC/USD Signal

 

• The latest signal on Tuesday could produce a long trade from the bullish pin bar rejecting the support level set at $20,910, but the bias is clearly bearish below $24,016.

 

Today's BTC/USD Signals

 

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

 

Buying Trade Tips

 

• Buy as soon as the bullish price action reverses on the H1 time frame after the next touch of $19,977 or $19,578.
• 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: Keeps Looking Weak.

 

Sales Trade Tips

 

• Sell ​​as soon as a downside price reversal on the H1 timeframe is followed by the next touch of $23,000 or $24,016.
• 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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