With breaking out of the breakoutrange, BTC is up 16.44%. WIthin two days it seems that we test the all time high very soon.
one things to learn here: Stick to the trend and ride the wave as long as you can. The trend is our friend.
What to do at the ATH?
-you could close your position, because there will potentially be a lot of buyers and you will get filled with your order.
-or you sell half of you position to secure some of your profits without missind te potential spike to higher prices.
-or you do nothing and wait for higher prices. With the potential risk of a dobble top and a correction.
Make up your mind and decide what is the most compftable trade for your personal risk to reward preference.
Stay happy, stay healthy and happy trading!
one things to learn here: Stick to the trend and ride the wave as long as you can. The trend is our friend.
What to do at the ATH?
-you could close your position, because there will potentially be a lot of buyers and you will get filled with your order.
-or you sell half of you position to secure some of your profits without missind te potential spike to higher prices.
-or you do nothing and wait for higher prices. With the potential risk of a dobble top and a correction.
Make up your mind and decide what is the most compftable trade for your personal risk to reward preference.
Stay happy, stay healthy and happy trading!