Hi all;
Short 3 more BCC 0,0862
i missed the exit yesterday on a drop from 0,089 to 0,82 on bitmex.
BCC did recover pretty well but without making higher highs.
bcc rolling over here
DNT i will sell below 430.
0 Volume -slow bleeding
basically the overall problem with that type of coin. pumped and then forgotten until it will get pumped the next time (similar to salt trade). I guess for now i will not touch those coins with a daily volume lower than 250 BTC. Normally i wasnt trading anything below 500 btc daily volume.
Don't you think your attention is divided over many cryptocurrency pairs and I think you would fare better with more attention and focus on fewer pairs - I see 9 pairs above. That also would translate to much more fund at your disposal to average a trade that showed strong signals, but not moving to fast the when you took a position with RSI at 30, if it goes further down, I would start to average the position myself.
the last 2 weeks i wasn't invested very much. I'm looking at charts and priceaction and decide if i can see suitable setups. my trades dont last long and i will average a position only if it was planed prior to entry or i have good reasoning. what is not my strategy is adding on lower and sitting it out. just becasue i got 9 different pairs in that overview doesn't mean iam watching those coins 24/7.
The ammount of coins i got to trade is actually a problem for me. there are only around 25 coins on binance with a daily volume higher than 500 btc. Not many charts where you can look for a good setup. thats why i find myself suddenly in coins like DNT
GVT - entering the 61.8 retracement zones which was also prior resistance.
Will try to trade a rebound in that region
DNT i will sell below 430.
0 Volume -slow bleeding
basically the overall problem with that type of coin. pumped and then forgotten until it will get pumped the next time (similar to salt trade). I guess for now i will not touch those coins with a daily volume lower than 250 BTC. Normally i wasnt trading anything below 500 btc daily volume.
Sold 700000 DNT for 421,6
just too weak - no more micro volume coins :=)
just 0.02 btc loss on that -6.5% trade since my position size was small - at least.
Short 3 more BCC 0,0862
i missed the exit yesterday on a drop from 0,089 to 0,82 on bitmex.
BCC did recover pretty well but without making higher highs.
looking for a short entry in BCC
0,09000 resistance area
raising wedge
divergence on the 15 min chart
one last push maybe?
edit: i give it a try:
short 7 bcc 0,00879 => bitmex price
0,09000 resistance area
raising wedge
divergence on the 15 min chart
one last push maybe?
edit: i give it a try:
short 7 bcc 0,00879 => bitmex price
bcc rolling over here
bought 70000 DNT at 450
DNT i will sell below 430.
0 Volume -slow bleeding
basically the overall problem with that type of coin. pumped and then forgotten until it will get pumped the next time (similar to salt trade). I guess for now i will not touch those coins with a daily volume lower than 250 BTC. Normally i wasnt trading anything below 500 btc daily volume.
Don't you think your attention is divided over many cryptocurrency pairs and I think you would fare better with more attention and focus on fewer pairs - I see 9 pairs above. That also would translate to much more fund at your disposal to average a trade that showed strong signals, but not moving to fast the when you took a position with RSI at 30, if it goes further down, I would start to average the position myself.
the last 2 weeks i wasn't invested very much. I'm looking at charts and priceaction and decide if i can see suitable setups. my trades dont last long and i will average a position only if it was planed prior to entry or i have good reasoning. what is not my strategy is adding on lower and sitting it out. just becasue i got 9 different pairs in that overview doesn't mean iam watching those coins 24/7.
The ammount of coins i got to trade is actually a problem for me. there are only around 25 coins on binance with a daily volume higher than 500 btc. Not many charts where you can look for a good setup. thats why i find myself suddenly in coins like DNT
GVT - entering the 61.8 retracement zones which was also prior resistance.
Will try to trade a rebound in that region
bought 70000 DNT at 450
DNT i will sell below 430.
0 Volume -slow bleeding
basically the overall problem with that type of coin. pumped and then forgotten until it will get pumped the next time (similar to salt trade). I guess for now i will not touch those coins with a daily volume lower than 250 BTC. Normally i wasnt trading anything below 500 btc daily volume.
just too weak - no more micro volume coins :=)
just 0.02 btc loss on that -6.5% trade since my position size was small - at least.
