Dear Steemers,
Wow! As a trader I love 2 (VV)things.
First Volume and second of all Volatility and did we have both of these last week. :)
It has been a rollercoaster ride with the almost all Cryptos getting smashed the last 2 days.
As I mentioned earlier, sold parly in the 2.550-2.750 area and since then scaling in around 2.300.
Heres the 4 our chart that I use as standard view for my trading.
I zoom in all the way to the 3min chart to precise the entry and exit levels. I'm an experienced trader (stocks, futures, options) and BTC is in basic like any other market.
I still think that we will see a serious test of the 2.750 resistance level. If that's the case I will be buying after the breakout and test of new support levels.
If you think about trading, than the most important thing is to plan your trade. And planning a trade is always without emotions. Follow me if you want to see the upcoming market updates at first.
Good luck with your trading and investments and please share your BTC trading strategies.
Feel free to request other charts or timeframes. Till the next update and in the meanwhile... Makeithappen!
You have any tips for trading on options? I've been 50/50 on that always breaking even at most
Hi Emmortal. Difficult. I have used options for hedging and speculative trades, but that didn't worked out great. So to be honest, I don't have that. That not my specialty.