Hi All
Here at 00.15 Tuesday GMT London we see sentiment in the market has turned to bullish as the green sentiment wave shows at the bottom of this chart.
The buy signal has been triggered and bitcoin could bounce high very soon.
You can set up the buy and sell signals on tradingview and have an alert sent to your email or by text.
Tight stops i am setting on Bitmex so I only lose 10% max of my trade if the stop is hit, keeps you 90% of your capital if the stop is hit so you can stay in the game and look for a trading set up again.
My take profit is set at 150 points above where I bought as I am hoping for a big bounce and there is a resistance line near the 150 points so the market usually returns to a previous high and low on the higher time frames,I am only using 2x leverage as the market has been very bearish lately.
I will always use stop losses so can reduce any losses and keep more capital to trade again when the TA I use on tradingview looks like a good set up.
Never risk more than you can lose and practice first with no money for a month, DYOR this is not financial advice.
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Nick
Certified Bitcoin Professional