UnknownUnicorn13204076

48000$ per bitcoin or again a correction - only down to $20000?

BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello dear friends - well, I can congratulate many of you who look after my trading ideas, make the right decision - and make money.
So - we took almost the entire fall from 34450 to 29000
Likewise - we took the whole growth from 30400 to 39500

13 day trading - 39706 profit
- 3190 - loss.

My previous idea was blocked due to the fact that I wrote the target ones from the messenger.
So, alas, I won't do that anymore.

At this time, I expect such an outcome of events ...
Blue arrows, good buy zones, red arrow - only if the 30700 level is broken on momentum. I want to warn you right away - the higher the price, the stronger the downward impulses will be. At the moment, the margin of the price of bitcoin is $ 3800. That means that positions (short long) will be closed in such a range. So, observe the discipline of correct trading, place a stop loss - as well as observe your risk and money management. Be flexible in trading - this is cryptocurrency trading.



For now, I will wait for the right moment for a short position (if it will definitely be).

Otherwise, I will trade the level breakout.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.