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Forex Signal For BTC/USD: Long Term Consolidation Underway

Forex Signal For BTC/USD: Long Term Consolidation Underway Forex Signal For BTC/USD: Long Term Consolidation Underway

Forex Signal For BTC/USD: Long Term Consolidation Underway
Yazar: Ross Sutton

Yayınlanma: 11 Ekim 2022 13:01

Güncellenme: 14 Kasım 2024 16:03

Forex Signal For BTC/USD: Long Term Consolidation Underway

    Forex Signal For BTC/USD: Long Term Consolidation Underway   The price has come very close to the key support at $18,297.  

Previous BTC/USD Signal

 
  • The previous Bitcoin signal on September 29 was not triggered as the price did not reach any of the key support or resistance levels set that day.
 

Today's BTC/USD Signals

 
  • The risk per trade is 0,50%.
  • Transactions must be made on Wednesday 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 $18,927 or $18,570.
  • 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: Long Term Consolidation Underway

 

Sales Trade Tips

 
  • Sell ​​as soon as the bearish action reverses on the H1 time frame after the next touch of $19,596 or $19,727.
  • 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.
  btcusd_11102022_adam  

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