DId you lose money in the recent Bitcoin dump ?
DId you lose money in the recent Bitcoin dump ? Read the chart above to understand -
Time for a new long !! Market manipulation at its best . Have a look at the chart above .
Start reading the market and stop reading news !!!
Indicators driving the trade -
1.TD count 9 has been reached ( indicating a bullish momentum)
2.Trend line broken ( TD supply line on 4 hr chart )
3. Divergence on MACD & inching towards golden cross
How to place trade on BITMEX -
Trigger
Put STOP MARKET order > 3720 ( un -select REDUCE ONLY) ,
Stop Only
Put STOP MARKET order < 3600 ( select REDUCE ONLY)
Target
Put TAKE PROFIT order > 4025 ( un-select REDUCE ONLY)
Position Sizing
60 % of portfolio ( 2 % risk ) , uSe CROSS in leverage
Upon you to increase risk if you like but not recommended !
Website - www.cryptoanteg.com
Telegram group - t.me/catforcrypto .
** Idea is for educational purpose & not a financial advice **
Komentarz:
Trigger still not hit , no breakout , no trade for now , we will wait for the momentum to build