Risk levels

Hi,

As you know, based on your entry, risk levels are different (for different people!)

Below 70k, I do expect a retracement, above, 74k is possible.

Risk levels (based on your entry):

A= no risk
B= medium risk (Stop loss is your friend)
C= High risk (Entry is not recommended, just, scalping Bitcoin or Wait for retracement!)

Comment:

Traditional interpretation and usage of the RSI are that values of 70 or above indicate that a security is becoming overbought or overvalued and may be primed for a trend reversal or corrective pullback in price.

An RSI reading of 30 or below indicates an oversold or undervalued condition

Comment:

Comment:

Changpeng Zhao
@cz_binance

Risk management, be ready to enjoy the best case, be ready to handle the worst case. Don’t invest more than you can lose.
8:48 PM · Oct 20, 2021·Twitter for iPhone

10h

twitter.com/cz_...911708411834379?s=20

Comment:

Comment:

(for B and C) Now stop loss is your friend!