Analyisis: Bitcoin hold pretty strong but there are a lot of noise from the weak traders on the market, which means that trading with tight stop is nearly impossible. We had a lot of noise near the 35k level while the market is trying to create a base for the next move. I am not bearish at all right now, I am only looking to add more long positions and I will wait until we will get to my targets. My next trade on Bitcoin:
My long position from 36k has been canceled due to my S/L limit. Active trades right now: LONG from: 31k and 35797. Details below. ETH trades: Active LONG from 2000$
Total profit/loss this month: +279% Total profit/loss last week: -7%
Trade: LONG Entry: 35797$ 1st target: 50.000$ 2nd target: 59.000$ S/L 32.185$ - that means a -10% loss ---> increased my risk/trade to 10% since the market became noisy and it kicks me out whenever I use my initial 4-5% risk/trade method.
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