Quote from: STT on June 18, 2017, 10:41:20 PM

Quote from: quarternions on June 18, 2017, 09:01:29 PM

Ahh cool, well I'm still learning a lot about trading, but I am currently programming a dashboard to simplify some stuff ( auto limit orders, managing funds from customer etc ). Also since this is the speculation forum, what is everyone's thought about tonight, how low will we go. 2k support or back to 1900

Dont fight the trend, why so serious. Advice Im given is you dont presume down when overall the trend has been upwards and that is true of bitcoin. So Im not looking for a reset.

On kraken we have slipped out of its positive trend that was formed after the bigger pullback. I wasnt sure that was going to matter but its eventually turned over like we see now.
however we measure in equal proportions and that simple trend was 31 hours old on break, its not a big deal now that it did not hold. In fact we went upwards at a slower pace anyway, now we come back to a rough 2169-2225 area which is just a circle more then any loss. See how this area reacts for a check on if we negative etc. My take is neutral on that

I drew $2488 as a resistance line. 2350 possible old positive trend. Do we wait till those two cross, end June I would guess we are not that well balanced and calm. Huobi doesnt have trend short term but its also sideways

Yea you are right I was fighting it and didn't set proper trailing limits, I should have just cashed out at bare profit or atleast a stop limit at the break even (which it passed). But wanted to correct a previous mistake and ended up just messing it up more. Its going down now a bit, I'm setting up a trailing limit and am of to bed. Cheers, good night.