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Derek Frazier shares and explains his ideas and process of decision making behind cyclitecnical trading. Please like and comment.

Bitcoin Trading Alerts

New Bitcoin trade Idea

1015 CST

Derek William Frazier

Aug 10, 2022

Long here on the idea that Bitcoin rallies out of 80 day cycle low, at around 50 days isn’t a bad idea. The best time to enter is on pullbacks at the bottom of a daily bar, but that might not happen. Stop is 23100 on the /BTC futures contract. If it goes below that, Id expect sellers and it wouldnt be prudent to stay in.

Its just a temporary stop until more information comes.