PentiumTrade
Long

BTC/USDT to the moon or no?

BINANCE:BTCUSDT   Bitcoin / TetherUS
6150 - 6200 is a good range to acquire long positions. Despite of the bearish market we are at good support level with high bouncing up probability. The market can still go down for stop hunting and wiping out panickers. Shorting of btc below 6500 is a high risk of closing a short at 6700. What to do? Using careful risk management accumulate your position at levels marked by blue lines. Fix 5-15% profits, do not be greedy. Use no more than 7% of your money for averaging each time. Leverage trading due to whale margin calls hunting is dangerous for longs and shorts. The best strategy - no leverage long with midterm target 5-15%.

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