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veS_
Nov 29, 2020 5:44 PM

BTCUSD outlook early 2021 Short

Bitcoin / U.S. dollarBitstamp

Description

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
innocentAccoun35113
First rule for noobs. Don't go against the trend.
VASHKA
@innocentAccoun35113, btc is dropping you are the noob...
CeoCodes
impressive work! ✅
veS_
@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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