BTC Long Trade - Second position at 41700

Btc Break up EMA10 & 21 ,currently is long Bias , looking forward to next resistance 45500 area , if break this resistance , will go to 51k .

Add position / Throttle , I already have a position at 34900 and SL set at 38000 , right now I will wait the price drop to area 41800-41700 area to add in my second position . the motive is the make my double my position with free risk . average price 38350-39000 area. SL will set to 39000 for Breakeven.

Targeting 51k
Practicing my own analysis , and my own trading journal . don't follow

Yorum:

Current price drop 41300 , which is also fibo 50% of the last rise. enter my second entry at 41400 , average price at 38150 , area , SL at 38500 . risk free ride. first TP target at 45500 and second at 51000. this is a mid long term trade. might hold longer if the price start to right. i will have good entry advantage .

Reason for entry
- Fibo 50%
- Support area at 40500-41000

İşlem elle kapatılmış:

BTC recently trend stuck in up and down up and down , stuck at 45000 and 34000 area. the sudden drop closed my trade at 38500 . make a little profit. as my average price at 38500. for me is consider good trade , because i protected my capital , when the market move not according to plan.