KiarashVII

BTC/USDT Macro analysis

BITSTAMP:BTCUSD   Bitcoin
In weekly log chart of BTC/USDT we can see that there is still room for downwards till 16000USD so I suggest you wait till this point and see what would bitcoin do when it reaches there, if we see a confirmation we can say with 70% accuracy that it would be the ideal place to accumulate some bitcoin plus I highly suggest keep cash as well just in case bitcoin went even further down so you can accumulate more and make sue of it.

The strategy behind opening any position is to make sure your win/loss ration is 3/1 i.e TP should be 10% and your stop loss 3%
I suggest you do the same, so if you do 10 trades you only need 3 of them to be successful to gain a profit on your whole trades

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