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Forex Signal For BTC/USD: The fire in the Uptrend Channel is Beginning to Fade.

Forex Signal For BTC/USD: The fire in the Uptrend Channel is Beginning to Fade.

Forex Signal For BTC/USD: The fire in the Uptrend Channel is Beginning to Fade.
Yazar: Ross Sutton

Yayınlanma: 1 Ağustos 2022 16:19

Güncellenme: 7 Kasım 2024 09:37

Forex Signal For BTC/USD: The fire in the Uptrend Channel is Beginning to Fade.

      Forex Signal For BTC/USD: The fire in the Uptrend Channel is Beginning to Fade. It looks valuable at $22,236.  

Previous BTC/USD Signal

 
  • The previous signal on July 20 was not triggered because reversals occurred beyond the key levels identified as possible support and resistance that day.
 

Today's BTC/USD Signals

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

Buying Trading Tips

 
  • Go buy when the bullish price action reverses on the H1 timef rame after the next touch of $23,266 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 let the rest of the position hold.
 

Forex Signal For BTC/USD: The fire in the Uptrend Channel is Beginning to Fade.

 

Sales Trade Tips

 
  • Sell ​​as soon as a bearish price action reverses on the H1 time frame after the next touch of $24,372 or $25,000.
  • 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.
  btcusd_01082022  

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