Risky profit 20% during BTC consolidation
Updated
Based on my experience, all altcoins can only be traded in BTC pair. Because BTC is growing.
Currently, BTC looks good and will show us consolidation during the next few days/weeks. Maybe month. Nobody knows. We know only one thing that even BTC going to 12400 is just a consolidation. And of course, you can try to trade BTC on the small movement, but usually, this gives you either low-profit percentages or even liquidation.
But if you still want to enter a risky deal, then at the moment it is better to use altcoins.
This is not the best deal, but altcoins usually show gains when bitcoin consolidates.
So try to enter low as possible in the zone: 0.0000068 - 0.0000062
You can use limit orders.
Take a profit: 0.00000770 and 0.0000090
Stop the loss If any 1D or 1W candle close below 0.0000061
Please note that altcoins are very dangerous. They will be safer when Bitcoin reaches its all-time high. Enter only 5-7% of your capital.
Currently, BTC looks good and will show us consolidation during the next few days/weeks. Maybe month. Nobody knows. We know only one thing that even BTC going to 12400 is just a consolidation. And of course, you can try to trade BTC on the small movement, but usually, this gives you either low-profit percentages or even liquidation.
But if you still want to enter a risky deal, then at the moment it is better to use altcoins.
This is not the best deal, but altcoins usually show gains when bitcoin consolidates.
So try to enter low as possible in the zone: 0.0000068 - 0.0000062
You can use limit orders.
Take a profit: 0.00000770 and 0.0000090
Stop the loss If any 1D or 1W candle close below 0.0000061
Please note that altcoins are very dangerous. They will be safer when Bitcoin reaches its all-time high. Enter only 5-7% of your capital.
Trade closed manually
Close this position in profit 5.72%.BTC looks very negative right now. This position can be reopened depending on the close of the week for BTC.
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