Bitcoin BTC - Trading Update - Late Night Analysis

in #bitcoin7 years ago

bitcoin_analysis.jpg

Today has been a good day. Our morning analysis which you can see here ended up being right on and yielded us a 3% return on our trade.

btc15.jpg

BTC is off its highs and moved down in the last 45 minutes powering through the support at 9950. (we are trading on the 15 minute candle). Next near term support is at 9750 and that doesn't hold we could move to 9500. The volume is a little low so I think we will stay in cash and go to sleep.

We will take our small profits from today's trade and use it pay for one of our plane tickets to the Big Island of Hawaii tomorrow morning. We leave in 8 hours.

We will keep you updated on our trip and our trading thoughts.

Aloha.

Sort:  

thanks for the update

Thanks for reading. I just upvoted one of your posts. Keep in touch. Us minnows need to school together. I'm having fun with Steemit but still so lost.

We are testing 9750 now. It's 9am in Europe and the volume is picking up. Deciding whether to go to sleep or to watch if it holds and make a trade. RSI and MACD need some more time but I need to sleep. What should I do? May be a trading opportunity. It is 1021pm in Hawaii (921am in Europe) our order at 9750 didn't fill here is where we are at now. Need to sleep.btc15.jpg