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Original posted trade stopped in profit at 281.30 on bearish divergence signal......wick selling 8000BTC to $150 on BTCE right as we jumped in price really ruined the party! Still hunting long trades in this consolidation (found one and posted it below)
final look at this long trade before I go to bed:
update 2: Sold through support. Long entry is poor. I will watch closely for new support to form/hold but the bulls are not strong here. I hope they can pick it up a bit.
Update on entry point: posting my chart and looking to buy the dip.
Would like to see a rally here up to 291 and slay some bears!!!
Good Trading!
Original posted trade stopped in profit at 281.30 on bearish divergence signal......wick selling 8000BTC to $150 on BTCE right as we jumped in price really ruined the party! Still hunting long trades in this consolidation (found one and posted it below)
final look at this long trade before I go to bed:
update 2: Sold through support. Long entry is poor. I will watch closely for new support to form/hold but the bulls are not strong here. I hope they can pick it up a bit.
Update on entry point: posting my chart and looking to buy the dip.
Would like to see a rally here up to 291 and slay some bears!!!
Good Trading!