Bitcoin retracement probability update June 23rd '19

Bitcoin retracement probability update June 23rd '19

By Emad | honarparvar | 23 Jun 2019


Got hyped with another parabolic rise?

sure you should! but to protect your profits you need to set up new stoploss levels and new strategy based on possible retracements ahead.

check the chart I have drawn, there are probabilities and less possibilities in the zones below the current level to check as support levels.

based on how risk taker you are, you have to choose where you should put the stop loss at; probably some pips below one of the support levels considered by fibonacci retracement indicator.

 


Emad
Emad

Blogger, business developer and Crypto enthusiast


honarparvar
honarparvar

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