Bitcoin long 07.01.2020
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Hi bro!
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The breakdown of the strong resistance of 7600 (more than 7600 for almost two months, the price did not close the daily candle) gives us the possibility of a bolder purchase with an understandable stop loss, depending on the strategy.
According to my strategy, you need to buy closer to the level of 7600, with targets of at least 8400. If a false breakdown occurs, in this case the price will fly very low, most likely below 6900. For this reason, the stop loss of the long should not be large, since it makes no sense to pay the market extra money!
Subscribe, like and write comments, your support is important to me!)
................
The breakdown of the strong resistance of 7600 (more than 7600 for almost two months, the price did not close the daily candle) gives us the possibility of a bolder purchase with an understandable stop loss, depending on the strategy.
According to my strategy, you need to buy closer to the level of 7600, with targets of at least 8400. If a false breakdown occurs, in this case the price will fly very low, most likely below 6900. For this reason, the stop loss of the long should not be large, since it makes no sense to pay the market extra money!
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