In this trade that I opened on the 2nd of July I have a target Price of 2,900 BTC. Entered at the price of 2,500 with a Stop Loss of 6%, 2,350. I put this stop because is where the price could touch the low end of the Bollinger band. With a target price of 2,900. This is kind a risk and speculative move and if it does not brake the upper line of the triangle I will take my profits, but if it breaks it, I really think it could go up until 2,900.
But I will be very careful and I putted a little money buying BTC, if the coin breaks the 2,400 support is very probable that we see a down trend.
If someone was wandering why I put my Stop Loss on 2,350 and not in 2,400 is to a leave a little space for a confirmation of the support line.
But I will be very careful and I putted a little money buying BTC, if the coin breaks the 2,400 support is very probable that we see a down trend.
If someone was wandering why I put my Stop Loss on 2,350 and not in 2,400 is to a leave a little space for a confirmation of the support line.