Forex Signal For BTC/USD: Very Bullish.
Forex Signal For BTC/USD: Very Bullish.
Bitcoin is currently trading at over $55,000.
The BTC/USD signal was not triggered last Wednesday, showing no bearish price action when the price reached the resistance level defined as $54,864 that day.
Today's BTC/USD Signals
- The risk per trade is 0,50%.
- Transactions must be made before 17h00 Tokyo time on Tuesday.
Buying Trading Tips
- After the next touch of $56,168, $54,272 or $51,912, enter a buy trade as soon as the bullish price action reverses on the H1 time frame.
- Put the stop loss $100 below the local volatility low.
- Set the stop loss to break even when the trade is $100 profit relative to the 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: Very Bullish.
Short Trade Ideas in Sell Actions
- After the next touch of $57,913 or $59,691, enter short as soon as a bearish price action reversal on the H1 time frame is reversed.
- Place the stop loss $100 above the local volatility high.
- Set the stop loss to break even when the trade is $100 profit relative to the price.
- When the trade is $100 profit by price, remove 50% of the position as profit and let the rest of the position last.
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