Bitcoin is trading near a macro fibo line which is a massive support line, to all traders who want to open a risky position this would be the time to do it cause we might see a rise at this level, Make sure you follow your strategy and MAKE SURE you put stop loss for your position since in this environment your can easily lose your money
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
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