8.14 Morning Bitcoin Trading Strategy
The Bitcoin daily chart has once again closed with a large bullish candle, firmly standing above the upper Bollinger Band. The Bollinger Bands are widely opened, and the moving averages are all aligned in a bullish formation, clearly indicating an upward trend. Don't wait for a deep pullback; seize the opportunity to continue buying during the pullbacks, and set your stop loss properly without holding onto losing positions!
Enter long around 122500 - 123000, with a target initially at around 125000. If it breaks through, look further up to 127000.
