QubitLife

BTCUSD: 50|50 or best trading plan (08.10.2020)

BITFINEX:BTCUSD   Bitcoin
At the moment, the price has formed a triangle correction model.

The key resistance level is at 10830.
The key support level is at 10530.

Based on the market statement and the probability of price movement, you should tune in to a possible false breakout of the level 10830; in this case, you should immediately turn short at 10530.

With an adequate situation, and in case of growth, you should buy at 10830 with a stop loss at 10530.

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