Forex Signal For BTC/USD: Pair Awaits Support For Now

    Forex Signal For BTC/USD: Pair Awaits Support For Now   Buying at $18,570 could start a longer-term recovery.  

Previous BTC/USD Signal

 

• Yesterday, the Bitcoin signal was seen producing a profitable long trade as the support level set at $18,570 turned bullish.

 

Today's BTC/USD Signals

 

• The risk per trade is 0,50%.
• Exchanges can only be made on Friday before 17h00 Tokyo time.

 

Buying Trade Tip

 

• Buy as soon as the bullish price action reverses on the H1 time frame after the next touch of $18,570.
• Place the stop loss $100 below the local swing 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: Pair Awaits Support For Now

 

Sales Trade Tips

 

• Sell ​​as soon as a bearish price reversal on the H1 time frame reverses after the next touch of $20,532 or $20,782.
• 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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