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Disclaimer (1): As 4th point of the IDDA, you must calculate your risk tolerance before deciding on which trading strategy is suitable for your portfolio. We normally do not recommend trading without three or more confirmation of a specific direction from technical, fundamental and market sentiment points of view.
Disclaimer(2): Forex is one of the HIGHEST risk investing instruments there is. If you don’t have sufficient risk tolerance to trade forex, you can try investing other online securities.
Final thoughts: Based on our IDDA outlook, there certainly is a chance for BTCUSD to pull back in the coming weeks to at least one of our key support levels.
For further insights on our strategy and where to set your sell limit order and profit taking levels based on your RISK TOLERANCE, join our investing group.
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Combining all points of the IDDA, here are Invest Diva’s calculations for important approximate levels to keep an eye on:
|Support Levels||Turning Point||Resistance Levels|