This is going to be a bit long one i think.
I have multiple entries for this trade. First one is Limit buy order at 1.18240 and the other one is BUY STOP above 1.2805.
This is weekly chart so stop loss is going to be huge. BUY STOP order has 880 pips stop and BUY LIMIT order has 400 pips stop
1. ENTRY: 1.18240 BUY LIMIT
2. ENTRY: 1.2805 BUY STOP
SL: 1.14226 400...
I am not trying to be pessimist and i will not. Check the graph! The middle line of the Trend is a strong resistance and strong support. Bitcoin seems respecting this trend. Not only the trend itself! Check the parallel lines as well.
Bitcoin tried this support yesterday and bounced. Looks like it is going to try one more time. If Bitcoin can not cross down the...
