You are viewing a single comment's thread from:

RE: BTC

in LeoFinance5 years ago

I'm taking a riskier approach by entering now already before a breakout. It's so hard to catch the breakout unless you place a stop buy order (in which case you could lose a lot if we resist again and come crashing down) or if you're awake and on your device the minute we break 10k. Still, another option is to wait till it breaks 10k and then try and buy on support.
In any case, here is the trade setup I took: https://peakd.com/hive-167922/@hooked2thechain/bitcoin-bears-losing-strength-can-we-break-usd10k

Sort:  

good point, as long as trading along the trend, there probability of upside breakout, imo, will be higher. For me, I set stop buy order for the breakout but I know people will buy on the first retrace after the breakout.