BTC / USD TA
Keep it simple with this trade. It's quite simple with this one, we have 3 options... You can either set a LONG for medium risk trade, SHORT for medium risk trade or HEDGE them for low risk.
Summary
If you're looking at LONG, have stop loss at around 5% or $9,750
If you're looking to SHORT, have stop loss at around 2.5% or $10,550
To hedge, open LONG/SHORT with same stop losses... If you're leverage trading, consider SL at around 1% from entry.
Keep it simple with this trade. It's quite simple with this one, we have 3 options... You can either set a LONG for medium risk trade, SHORT for medium risk trade or HEDGE them for low risk.
Summary
If you're looking at LONG, have stop loss at around 5% or $9,750
If you're looking to SHORT, have stop loss at around 2.5% or $10,550
To hedge, open LONG/SHORT with same stop losses... If you're leverage trading, consider SL at around 1% from entry.
