I decide to take a speculative LONG position on BTCUSD after gaining some decent profits from shorting it recently !
Looking at the weekly chart, it seems to have find a stable support at 19421 level. Likewise, when compared with the SPX500, it also display a similar support level at 3698 level.
Please DYODD as trading cryptocurrencies can be volatile and use only 1% of your capital. Setting Stop Loss is a MUST, no ifs or buts !
Looking at the weekly chart, it seems to have find a stable support at 19421 level. Likewise, when compared with the SPX500, it also display a similar support level at 3698 level.
Please DYODD as trading cryptocurrencies can be volatile and use only 1% of your capital. Setting Stop Loss is a MUST, no ifs or buts !
