BITSTAMP:BTCUSD   Bitcoin
BTCUSD update. The analysis shows the daily correction band. The next thing we should do in trading. 1. If the exchange rate falls below the level of the lower end of the adjustment range (9808.57usd), we must reduce the risk. 2. In the event that it rises again from this level, we need to follow a Target price tracking strategy at 10905usd. This could be a so-called "50% poker strategy, or a trailing stop strategy. But it could be a stop timing based on a lower timeframe, such as an M15 ATR strategy. Because the adjustment was greater than 50% of the adjustment bar, therefore, the chances of a further rise have diminished, so we need to make a profit on the target price of 10905usd.

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