BTCUSD, Bitcoin - US Dollar: Trailing Stop

2 Şub 2020

BTCUSD
Apparently we could meet three levels of resistance, in which the price could perform retracements, however physiological, and aim at a sustainable target, which in the first input occurred in 2019, in which Bitcoin had started a three-month trend from $4,000 to $14,000.

Since now it started from $8,000, it could easily reach $18,000 and approach All Time High.
Moreover, the hype on BTC is always very high, and many successful investors are convinced that over the years we can reach even more than $100,000.

We are active traders and we try to take advantage of the trends, and so in this case the price action of indicates to remain Long until the trend will start a reversal.

Happy Trading at All!