All talk today is about oil and closing futures contracts below 0, so I would like to warn you once again about the stops.
As you can see on derivatives 0 it is not the limit, but just a new price level.
The markets as a whole look very sluggish, so this week it is quite possible to continue falling on both the fund and the crypt.
At the bitcoin, the price is now at a level from which a strong impulse is quite possible. Maybe not today, but the other day.
On the chart I have highlighted almost a 3-week rally, which can be considered as a local distribution.
If this range breaks its support ($6460-6600), the momentum may reach $5500.
A couple of days ago, I dropped the chart, where I marked the longitude from $6250 to bounce, but at the moment, if it falls, it is better to remove this order.
My advice: if you break down, you should not take the long above $5600 at all.
We can fall without pullbacks and the risk/reward is not justified. If you're in shorts, you can put a stop loss of $7140 or break-even if you're above.
Friends, thanks for your likes and comments!
Good luck with trading!
As you can see on derivatives 0 it is not the limit, but just a new price level.
The markets as a whole look very sluggish, so this week it is quite possible to continue falling on both the fund and the crypt.
At the bitcoin, the price is now at a level from which a strong impulse is quite possible. Maybe not today, but the other day.
On the chart I have highlighted almost a 3-week rally, which can be considered as a local distribution.
If this range breaks its support ($6460-6600), the momentum may reach $5500.
A couple of days ago, I dropped the chart, where I marked the longitude from $6250 to bounce, but at the moment, if it falls, it is better to remove this order.
My advice: if you break down, you should not take the long above $5600 at all.
We can fall without pullbacks and the risk/reward is not justified. If you're in shorts, you can put a stop loss of $7140 or break-even if you're above.
Friends, thanks for your likes and comments!
Good luck with trading!
Nota
post where he advised to buy
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.