#BITCOIN - What Will We Do IF .... ?

2020年10月21日

We've closed our SHORT position at $11500 point in break even zone and didn't open any position since this time. Now is too early as well.

Reason — opening LONG is still too risky. Yes, the ascending channel was broken upwards, but we still have a strong resistance zone between $12400 - $12500. Probability of huge red candle from this area still exists and it is not very small.

We will open LONG position with x10 leverage and buy more Bitcoin for a spot wallet if we see that Bitcoin takes hold above the $12500 level. Don't be greedy.