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my BTC bull trade in progres

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Published: 20 Jan 2018 › Updated: 20 Jan 2018my BTC bull trade in progres

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!

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