1) Decent trending phase to new all-time highs
2) BTC went into a range to cool off a little. Would it resume it's incredible run?
3) No! The range expanded to the downside and BTC looks to at least retrace a little.
The below stats are from 2020 to present and use 100% equity. If that's not your risk profile, no problem, the win rate and profit per trade still apply if you use 1% risk or a fixed amount per trade. "Your Trade Size" * 0.47 * 4.1 * 36 = the expected profit over 2020 for this trade for you.
I closed the previous trade for a +15% move, linked below.
Entry: immediate (anything from 37K - 40K)
Stop: $2,000 above entry
Target: when the trend changes back up
2) BTC went into a range to cool off a little. Would it resume it's incredible run?
3) No! The range expanded to the downside and BTC looks to at least retrace a little.
The below stats are from 2020 to present and use 100% equity. If that's not your risk profile, no problem, the win rate and profit per trade still apply if you use 1% risk or a fixed amount per trade. "Your Trade Size" * 0.47 * 4.1 * 36 = the expected profit over 2020 for this trade for you.
I closed the previous trade for a +15% move, linked below.
Entry: immediate (anything from 37K - 40K)
Stop: $2,000 above entry
Target: when the trend changes back up
Note
Caught a -10% move so far. Looking good!Note
Looks like price found support. You may cut the trade for an 8% move. I'll stay until the trend changes.Trade closed: target reached
Out for a tiny gain. Can't stop this bull market!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.