Hi Traders,
quick update on Bitcoin.
For sure the downward movement was not the best technical underlying for Bitcoin.
The possible Trendline is broken but indeed we still have a long trend as long as the low at $24.900 is not broken.
So it is still possible to trade in long direction - but with small and adjusted risk.
The SL should be under the last low.
Wish you all great trades!
Team tegasFX
quick update on Bitcoin.
For sure the downward movement was not the best technical underlying for Bitcoin.
The possible Trendline is broken but indeed we still have a long trend as long as the low at $24.900 is not broken.
So it is still possible to trade in long direction - but with small and adjusted risk.
The SL should be under the last low.
Wish you all great trades!
Team tegasFX
📈True ECN STP Broker
🌐 www.tegasfx.com/
🌐 www.tegasfx.com/
