Bitcoin - You missed the flight? there's still a chance
Updated
After opening our long position (without stop-loss) at 9650 which we were waiting for, now that 3 green candles just confirmed our journey, I'm opening a stop-market order at 9680.
"Good traders won't just profit. They also won't lose."
This is my trading style. To not put my capital at risk even for high reward opportunities. So if Bitcoin wants to get back to where I entered, I shouldn't lose anything. I exit and will try to find another low risk opportunity.
11K is my first target to take profit and I'm selling half of my own. Then will decide about the other half after considering signs.
If you missed this opportunity, keep calm because there is still a chance to enter around 9850.
This is not a financial advice and I'm just sharing my thoughts. But if you have followed my last ideas and entered a long position at suggested zone, I strongly recommend you to follow my style and set a stop-market order at 9680-6700.
I have attached my prior ideas to this post.
"Good traders won't just profit. They also won't lose."
This is my trading style. To not put my capital at risk even for high reward opportunities. So if Bitcoin wants to get back to where I entered, I shouldn't lose anything. I exit and will try to find another low risk opportunity.
11K is my first target to take profit and I'm selling half of my own. Then will decide about the other half after considering signs.
If you missed this opportunity, keep calm because there is still a chance to enter around 9850.
This is not a financial advice and I'm just sharing my thoughts. But if you have followed my last ideas and entered a long position at suggested zone, I strongly recommend you to follow my style and set a stop-market order at 9680-6700.
I have attached my prior ideas to this post.
Trade active
Note
I must say 9680-9700Trade closed manually
Note
I closed my long position at 10170. Bitcoin dropped much more than what I expected and so invalidated the suggested buy zone.
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.