How to trade in cryptocurrencies. The strengthening of the American dollar in the Forex currency market also affected the price of Bitcoin. Forex news created a powerful impetus for the cryptocurrency market as well. The bitcoin price fell in a few minutes. Only the support level was able to stop the fall of the bitcoin price. But such strong market rallies do not end immediately and continue the started trends for some time. Therefore, there is reason to believe that the downtrend in the price of Bitcoin will continue.
Order Type: Pending Order - Sell Stop
Entry Price at 19500.00
Take Profit at 19000.00
Pips Earning: 50000
Trading options for beginners:
BTCUSD sell at the price of 19800.00
USDJPY buy at the price of 145.00
GBPUSD sell at the price of 1.1480
USDCHF buy at the price of 0.9635
The result of a trading recommendation.
How to trade crypto
The profit can be $500.00 if the trading volume of 1 Futures.