This is bitcoin cash
usd pair. Convert it back to the usdt binance chart. I'm using this one for historical price data reference. Ok, this is just in case things go right in the market. It's easy to prepare for bitcoin
to visit 4k range. You simply do nothing while in tether or you play usdt charts with a stop loss so you get stopped out in a stable coin that isn't diminishing in fiat! I'm not trying to spread hopium because bitcoin
definitely looks bad BUT it's better to be prepared so you don't miss everything take off and end up chasing green candles only to get rekt. People prepared let the trade come to them, enter, and then ride the rocket only to sell to those who FOMO in, because they didn't position themselves to ride it from the launch pad. Green boxes and numbers would be entries. USE A STOP LOSS! and hopefully this can be a swing trade all the way to said target. So just trail your stop under (deep under not right under) big areas of support. (If you put them directly under with the rest of the retail crowd a whale will likely eat all your stops for the liquidity and then send the price up)
This trade has a lot of proving to do as you can see its under the 200 and 100 day moving average. GL!
Play this right and can be in and out before things get scary.
Not investment advice DYOR
This is USDT pair. That means we're trading bitcoin
leveraged through alt coin for usd not btc
. I do not care to build satoshis while bitcoin
is in a downtrend.
This market takes your lunch though so put your stop in profit or immediately take some profit when your trade goes right so then your widened stop can't do damage.
poops, so does this chart. But you know this.