No change from our point of view, the trend remains bearish on the daily chart, and as long as we see a weekly closing below 543, we expect that downtrend could still continue up support area around 227, very close to our final destination (see our setup below).
OUR DAILY SETUP
If you think this analysis can be useful, leave a your comment or your LIKE! Thank you for support and trade with care!
@SignalSwiss - You’ve been spot on this year! As lj_4b states, when do you expect the rebound from the low? Would love to see a chart on it.
rizwanmyousaf
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Hi.
I have opened position at 215 for 8000 USD and facing having loses. What shall I do? Shall I wait or what?
TheAnonymousBanker
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@rizwanmyousaf, Hi rizwanmyousaf, no offense, but I hope this answer can be useful to the community: "you have to learn to use the stop loss!" You must always have a clear strategy before entering the market (entry, stop and target), otherwise this is not trading, but only gambling. We must not try not to make mistakes, but we must learn from them...
rizwanmyousaf
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@SignalSwiss,
Thanks for your reply.
Can you please tell me where I can learn these things, I mean Entry, Stop & Loss.
Thanks once again.
rizwanmyousaf
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@SignalSwiss,
Hi there.
Can you also tell me a good platform that is supported for Cryptos only and has entry, stop, profit or loss options.