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BTCUSD- BUY strategy

BTCUSD- BUY strategy

BTCUSD- BUY strategy

BTCUSD- BUY strategy

Bitcoin / U.S. dollar BITSTAMP:BTCUSD
peterbokma


BTCUSD- BUY strategy

The previous buy strategy, if one had committed to it, one might have taken some profit when it moved higher at near $ 39,000, or otherwise stop-out $ 35,500 below.

I am still not committing to any crypto right now, as it is not driven logical. yes, we have currently circumstances where people are getting out of BTCUSD or similar crypto.

I feel still we are basing somewhere, the chart is negative from direction point of view being below the cloud, but same time, we are a bit oversold. so guess we can move back $ 39,500 – $ 41,500 again is my feel. However, do note am not trading it right now.

suggested strategy BUY $ 34,500-35,000 and take profit $ 39,000. Stop-loss maybe below $ 32,500 now..

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