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Derek Frazier shares and explains his ideas and process of decision making behind cyclitecnical trading. Please like and comment.
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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.
New Bitcoin trade Idea
12aug22 1041 cst move stop to 23600