my BTC bull trade in progres
I wanted to reflect a bit on a trade I made based on my initial strategy I explained here: https://steemit.com/crypto/@phonebox/trade-idea-for-today-btc-daytrade-opportunity
So actually it seems to be working (checking BTC/USD 15 minute chart on coinbase):
You can see my entry with a market order right on the 12710 USD mark.
What I am considering now is the placement of stop-losses - remember it is always a very good idea to have a stop-loss!
I have a stop-loss at 12710 because it was proven to also be a support line since then - this is also a common thing to have earlier resistance act as support later, always watch out for that!
Leave my BTC bull trade in progres to:
Read more #crypto posts
Best Posts From phonebox
We have not curated any of phonebox's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.
More Posts From phonebox
- Next steps for Gates of Steem
- Gates of Steem - Steem Monsters game jam submission
- gates of steem
- gates of steem - bossfight
- The gates of steem - starting comment
- BTCUSD - bitcoin daily analysis 11,March - Bullish signals
- Bitcoin - start of the bounce?
- Buso festival at Mohács, Hungary - MyPictureDay Submission
- my BTC bull trade in progres
- Trade idea for today - BTC daytrade opportunity