During this down market Risk management is very important. For trading as well, the latest on May 20, 2022, Mr. Uncle Chalok Samphantharak Investors and famous investment speakers in Thailand has revealed through a personal Facebook page that
“The gamblers Calculate well how much you can lose. Don’t over trade. If you can’t take the risk, don’t come in. 4-hour buy signal has started. Stop at 28563.”
Uncle Chalok has used the Indicator CDC ActionZone V.3 2020 to analyze Bitcoin buy-sell contracts. In the 4-hour Timeframe (TF), a buy (green) contract has already occurred. But Chalok warns that Stop Loss should be set. cut loss) at $28,563
Uncle Chalok emphasizes that he wants traders to calculate their risk well. should know how much damage we can afford Don’t trade beyond our capabilities. “If you can’t take the risk, don’t come in.”
Currently, the price of Bitcoin continues to fluctuate around $29,000 – $30,000, just like any other coin that has been in a downtrend as well. by the current market situation from a wide range of impacts both higher inflation central bank interest rate hike to the collapse of Terra Chain that may cause investor uncertainty This may take some time to recover.
Source: https://www.facebook.com/photo/?fbid=10159884019669487&set=a.77770609486
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