I managed to benefit for the second time at Bitcoin sideway movings; if you remember my later post, 5 days ago, which worth to read if you haven't:
https://steemit.com/bitcoin/@honarparvar/how-long-bitcoin-continues-on-sideway
maybe you find my strategy interesting, but never take it as a financial advise. and if you can correct me on my plan, please let me know:
I have some main and key levels to watch + I have a 3 to 1 risk reward ratio.
the key levels
- 200 weekly moving average
- $3600 to enter
- $3900 first profit taking
I enter at 2nd key level, stop loss at 200 weekly moving average, take profit at 3900 USD
My buy at $3350 just won't get there. I'm sure if it finally does, the price will drop to $2k. :P
I hope you do a great trade, and I recommend to put an stop loss to the position 😁
I see a high probability of testing 3350 and even a bit lower
You got a 76.29% upvote from @brupvoter courtesy of @honarparvar!
Hy @honarparvar
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