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foolsbookie
Apr 3, 2020 8:33 PM

Bitcoin is bullish for me - not a financial advice Long

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Going into this weekend I am more bullish on BTC than two days ago.

If we get a daily close below 6600, I will be out of my trades, and open shorts at 6550. But, until a daily close ain't below 6600, I will sleep more peacefully with Longs

Its going to be a tight range, and only proper risk management might make you profitable in this range 6600-7300, that may allow you to catch the breakout from 7300

Not a financial advice, and for god's fucking sake, if you don't have proper risk management in place, don't trade this set-up

Trade active

With confidence and optimism coming in the markets from Italy and Spain, looks like I will enter the trade now. Missed my 6700 entry last night, but my Options will cover that. Here is my affiliate link deribit.com/reg-9622.5792

Now question remains If we get to 7500 this week or not? Fingers crossed.
Comments
Kendimetradeler
low volume candles towards the resistance. thats my concern.
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