Nickonomics

Bitcoin (BTCUSD): New ATH Is In Sight

לונג
Nickonomics מעודכן   
BITSTAMP:BTCUSD   ביטקוין
Previously, we opened a short position @8170, which was supported by a bearish triangle breakout: The price dropped 3.6% and reversed @7890 support. Depending on timing, some traders took a profit or closed out @breakeven. We now have to adjust to market conditions and get ready to go long BTC for new ATH.
הערה:
Position reversal/stop-loss criteria:
הערה:
Ok, we're good.
Watch for key levels on the chart.
הערה:
9000 is fine to take profit on this trade:
העסקה בוטלה באופן ידני:
9300.
The market is raging, and I want to share with you a valuable trading tip. If you want to maximize profit during such strong trending moves, think about applying Parabolic SAR indicator as your trailing stop loss level. That is, you adjust your stop order manually every hour according to this indy. Works great.

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Service: NixService.net
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