BTCUSD has changed its velocity and trying to change its long term trend. We are still in a downward channel though, I wanted to visualize how the downward channel looks like so that we can build up a best strategy.
Since our group members entered a way below current price as from the bottom as we captured the moment of change, we've been raising the loss-cut price as the price continuously goes up just like a stairs.
What we can do is sell half of them near upper part of downward channel as indicated above with 1st Target and purple line. If it breaks above, then wait for retracement, and buy even more than what we sold.
Thank you.
After all, only Traders who have right strategies that penetrate markets will survive, not people trading with luck or without criteria.