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BTCUSD outlook early 2021

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BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Here's my outlook for BTCUSD for the next few months, going to be updating this as time goes on.

My entry will be on clear rejection of retracement

Use proper risk managment, i personally am risking (2%)

Happy trading
Comment: This is my first big look into BTCUSD and i think right now there is big opportunities for profit, looking forward to this one.
Order cancelled: As bitcoin made a big push to the upside , my entry requirements were not met as I didn't see a clear bounce in the marked area. We can use this as a lesson to always wait for confirmation and there is always more trades out there.

Comments

First rule for noobs. Don't go against the trend.
+1 Reply
VASHKA innocentAccoun35113
@innocentAccoun35113, btc is dropping you are the noob...
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impressive work! ✅
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@innocentAccoun35113 Fair point but as I didn't see confirmation if the retracement in the marked area I didn't enter the trade, can you this as a lesson to not enter to early.
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