BTC - Trading Canal - Break Out soon but in which direction
Hello all,
Here is the chart of yesterday :
Here is the current chart :
We are still between that resistance line and that support line in red. Which line will be broken first, it is hard to say now. When I'm trading this kind of pattern, I always use these lines to determine my stop loss. At least, if I didn't predict the good direction, my lost stays under control.
I wish you massive profits,
Cryptopassion.io
Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
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Still waiting for $2,500........
hey buddy, I read your posts daily. Thank you for your contributions, even in this bear market.
Could you please go into more detail about how to set the stop loss?
https://steemit.com/crypto/@razvanelulmarin/how-to-set-a-stop-loss-on-bittrex-binance
If you are new at setting stop-loss, it is best to try it with just a little bit of coin so you know you can do it properly. It is easy to mess up and sell your coin for a lot less than market price.