š” 3 Reasons to Trade BTC Now:
š¹Opportunity for long-term trades
š¹Stability at historical levels
š¹Optimal Conditions for Pending Orders
š”Ā Technical analysis:
Bitcoin has contracted into a very narrow range within its uptrend. In this situation, place orders for a breakout of this range, with profit targets set at key levels.
However, achieving a favorable profit-risk ratio may not always be possible.
Long Strategy:Ā
Open a buy trade if the price rises to $69,500. Set a Stop Loss at $68,110 and a Take Profit at $71,225.
Short Strategy:
Open a trade if the price falls to $68,130. Set a Stop Loss at $69,390 and a Take Profit at $63,350.
