It's been about 6 months since I got the last bullish signal for BTCUSD.
The long-term moving average is still above, so I am not suggesting that BTCUSD is going to $1mil anytime soon, but if we are to see a trend in the future, it has to start somewhere. Today could be that day. Only time will tell.
First thing to look for is a move to TP1, then Stops will be moved to Breakeven on the position. After TP 2 we start trailing stops.
The long-term moving average is still above, so I am not suggesting that BTCUSD is going to $1mil anytime soon, but if we are to see a trend in the future, it has to start somewhere. Today could be that day. Only time will tell.
First thing to look for is a move to TP1, then Stops will be moved to Breakeven on the position. After TP 2 we start trailing stops.
Comment:
After today's US CPI figure BTCUSD touched $18k
Trade closed: target reached:
would have taken profits for 2R, the rest can trail the moving average
Profits at TP 1. now trailing stop at BreakEven