BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
To date, Bitcoin is in the ascending flag with a small angle of inclination. I expect a breakdown to the mirror level of 5551 and the buyers zone, after which a return to 5940.

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Nov 16
Comment: Waiting for the result
Nov 16
Comment: Rollback from buy zone, 5740 strong resistance
Nov 17
Comment: Flat
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Comments

Thanks! Where would you put your stop loss? right underneath the green area?
+1 Reply
MuMPiTz MuMPiTz
5530?
+1 Reply
@MuMPiTz, 5528 is better, not round numbers
+1 Reply
MuMPiTz Moiseiev_Yurii
@Moiseiev_Yurii, oh thanks! how so? because many others sell at round numbers?
+1 Reply
@MuMPiTz, If you put a stop on the round numbers, then the probability that it will touch more
+1 Reply
MuMPiTz Moiseiev_Yurii
Reply
@MuMPiTz, Absolutely right
+1 Reply
By the way, do you think that it makes sense to move up the stop-loss at this point? if so, where?
Reply
@MuMPiTz, Now the price has gone to the side, and we can pierce the mirror level down, I would advise to close purchases in small plus or breakeven
Reply
MuMPiTz Moiseiev_Yurii
@Moiseiev_Yurii, thanks, i did sell in profit ..:) looks like a descending triangle now, or?
Reply
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