long btc, up to 10x, we going 110k in next 48 hrs i reckon. | BorisTrades on Binance Square

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long btc, up to 10x, we going 110k in next 48 hrs i reckon.

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BTC

101,052.02

-4.45%

295

0

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fall today.then consolidation for 48hrs. we might be in for a very good weekend. i expect green friday with retail carrying the weekend. good prices to enter for those who were left out. monday will be make or break and let us know further. btc goes 110k or btc 85k. keep in mind, in long alts will move once BTC does its move and starts to consolidate. in short it fires immediately. my take? if you havent already bought alts in this zone, its a good dip discount, go spot. For futures, id wait to see what the weekend has in store first. if youre trading on weekend might wanna focus on small scalps and let 10% of positions sizes run. move SL to breakeven in that case. monday will either propell you higher or you will be thankful you had stop loss. most important - dont overleverage yourselves. using 5% of acc at up to 10x lvg FOR SCALPS is okay. over that, pure gamble, because there aint no way liquidity wont scoop you at higher lvg.

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future trading and fundamental analysis have nothing in common.

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opening a 50x position on a market like this, funny you aint liquidated long time ago. dont go over 5x even in your wildest dreams. greed is tempting but that will not work. period

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In regards to my previous long BTC post. This is why you close 90% of position and let 10% run with sl at break even. If you followed the trade, while we locked profits, those 10 percent we let run just doubled our profit on this trade. protect capital, but trading needs some flexibility to maximize gains. I find this close 90 let 10 percent run strategy rather nifty. still waiting on btc short entry. maybe it doesnt come. but we are back on upside generally, so lets just see how this pans out. Boris out.

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still waiting for entry on last post. btc never retraced down into our range, but stayed inside our bigger tf idea. We should get an entry opportunity today. keep calm

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