BTCBUSD 1D Chart Analysis
Currently in the 1D BTCBUSD chart, BTC price is moving near both of the upper lines of Ascending Channel and the Expanding tringle. After some liquidity grab this may be get a downward movement. Other than that, there is a sell OB area above that levels. So price may reach to that level and then price may rejected from that level. Likewise we should consider about the next FED meeting held on 21-22 March.
Trading is highly risky. Always focus about the risk management. Put less than 2% of your capital and less than 10 trades per day. 1:2 or 1:3 Risk reword ratio is appropriate. Try to keep more than 75% win rate. I'm not financial advisor. This is only for the educational purposes and not as the financial advices. Do your own research. Trade carefully. Good luck!
Trading is highly risky. Always focus about the risk management. Put less than 2% of your capital and less than 10 trades per day. 1:2 or 1:3 Risk reword ratio is appropriate. Try to keep more than 75% win rate. I'm not financial advisor. This is only for the educational purposes and not as the financial advices. Do your own research. Trade carefully. Good luck!
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