This is a low risk trade if you follow this chart to set your buy or sell zones with Stop Losses.
I am making this chart a 'LONG' trade because I see massive accumulation out Cindicator has been in. It does look healthy and if we look at prior weeks we will see that compared to other currencies, this one is actually somewhat stable. I do not anticipate a shot up however crypto is unpredictable for most part which makes it dangerous and fascinating at same time.
We personally are in this trade for medium term. We will most likely consider a sell if it drops below our white support line.
Invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
I am making this chart a 'LONG' trade because I see massive accumulation out Cindicator has been in. It does look healthy and if we look at prior weeks we will see that compared to other currencies, this one is actually somewhat stable. I do not anticipate a shot up however crypto is unpredictable for most part which makes it dangerous and fascinating at same time.
We personally are in this trade for medium term. We will most likely consider a sell if it drops below our white support line.
Invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
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Yorum:
I don't think we should close this trade due to a break as a result of Bitcoin price drop. If within next day it recovers to over 895 there is still possibility for trend short term
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