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Thursday, April 22, 2021

BTC/USD price action - final stage

BTC/USD price action - final stage

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

Analysis: Bitcoin latest buy opportunity just right here, since we started a positive feedback loop, and we are at the start of a positive correction. Risk reward low, this could be a potential long term trade since. I would like to mention that I am not always bullish , we can have a sudden flash crash as well, but using my risk management strategy, you can make money on your own without loosing your capital. NEWER TRADE WITHOUT EXIT PLAN!!!!!

Trade: BUY

1st trade entry: 53200$
2nd trade entry: 54100$
1st target: 68k
2nd target: 95k
S/L: 51900

Check out my yesterdays catch - chart is attached below.

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