It's been about 6 months since I got the last bullish signal for BTCUSD.
The long-term moving average is still above, so I am not suggesting that BTCUSD is going to $1mil anytime soon, but if we are to see a trend in the future, it has to start somewhere. Today could be that day. Only time will tell.
First thing to look for is a move to TP1, then Stops will be moved to Breakeven on the position. After TP 2 we start trailing stops.
The long-term moving average is still above, so I am not suggesting that BTCUSD is going to $1mil anytime soon, but if we are to see a trend in the future, it has to start somewhere. Today could be that day. Only time will tell.
First thing to look for is a move to TP1, then Stops will be moved to Breakeven on the position. After TP 2 we start trailing stops.
Note
Profits at TP 1. now trailing stop at BreakEven
Note
After today's US CPI figure BTCUSD touched $18k Trade closed: target reached
would have taken profits for 2R, the rest can trail the moving average
Related publications
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.
Related publications
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.