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Forex Signal For BTC/USD: Still in a Bullish Price Channel

Forex Signal For BTC/USD: Still in a Bullish Price Channel Forex Signal For BTC/USD: Still in a Bullish Price Channel

Yazar: Ross Sutton

Yayınlanma: 18 Ağustos 2022 15:15

Güncellenme: 7 Kasım 2024 00:50

Forex Signal For BTC/USD: Still in a Bullish Price Channel

      Forex Signal For BTC/USD: Still in a Bullish Price Channel Bitcoin continues to sell gently amid worsening risk sentiment.  

Previous BTC/USD Signal

 
  • The previous signal was not triggered on August 8 because there was no bullish price action when the designated support levels were first reached that day.
 

Today's BTC/USD Signals

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

Buying Trading Tips

 
  • Buy after hitting the next H1 timeframe of $23,028 at $22,713 or $21,449.
  • 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: Still in a Bullish Price Channel

 

Sales Trade Tips

 
  • Sell ​​as soon as a bearish price action reverses on the H1 timeframe after the next touch of $23,609 or $24,466.
  • 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.
  bitcoin-shutter_16_9_1612529551-880x495  

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