50 200, a good place for long

١٧ فبراير

I´m expecting that BTC will fall to 50 200 in the next few hours. It is actually the best place for long entry. If you have decided to trade this idea, please DO NOT USE entry line as a trigger. Wait for "false breakout" setup. Means, price have to fall below the entry line and then close back aggressively above it. If you think about to enter lower (because of better price), you are wrong, lower price = higher risk in this case. Price can fall below the entry line, even below the SL line, set SL just after entry. Without aggressive buyers on this level, there wont be any move up. Monitor false breakout on lower TF like 15-30M. I will try to update this trade if-when entry conditions are met. Wish you good luck .

For beginners

I´M NOT A SIGNAL SERVICE. I share my ideas for free. If you want to buy something, please contact one of the signal services (preferably with premium subscription) to blow your account. It is better, because then not you will be the responsible, but the signal service. After blowing your account you can find another and do it again and again. Till you wont have money to trade. If you like this scenario, go for it. If you want something different, invest your time to learning, it will help you a lot and you can give signals to yourself. Best way in a long term.