Hello traders, I would like to make an analysis on BTC from a long-term perspective. I expect some of this movement, if we continue the bullish movement, I would like to sell in the white zone, but if we get a consolidation, there is a pretty good chance that we can go back to the LL from it.
The market is constantly forming and therefore it is not easy to say in which direction it will go, but it is possible to react to given situations when we reach a strong zone in which I am waiting for a signal to buy or sell. I wish you much success in trading!
Note
-------------------------------------------------------------------------------------------------------------------------------
I personally prefer setting up multiple TPs , here's an explanation:
1) 1:1 allows you to take a 50% position and thus secure a balance against loss in case the market turns
2) 2-5 :1 means profit (25% trade volume ), after reaching this TP I move SL to BE
3) 5-10 :1 means bonus money with rest of trade volume 25%
In this way, I ensure that my equity curve grows consistently without significant dips.
Money is lying on the ground, just bend down for it! Be patient and wait for the price to reach a strong zone and open a position!
The market is constantly forming and therefore it is not easy to say in which direction it will go, but it is possible to react to given situations when we reach a strong zone in which I am waiting for a signal to buy or sell. I wish you much success in trading!
Note
-------------------------------------------------------------------------------------------------------------------------------
I personally prefer setting up multiple TPs , here's an explanation:
1) 1:1 allows you to take a 50% position and thus secure a balance against loss in case the market turns
2) 2-5 :1 means profit (25% trade volume ), after reaching this TP I move SL to BE
3) 5-10 :1 means bonus money with rest of trade volume 25%
In this way, I ensure that my equity curve grows consistently without significant dips.
Money is lying on the ground, just bend down for it! Be patient and wait for the price to reach a strong zone and open a position!