Sell off into high traffic support level and prior resistance. Wick on trend + oversold. Decent RR and probability.
Bitcoin price activity is a factor. Position sized accordingly.
Bitcoin price activity is a factor. Position sized accordingly.
Comment:
Broke local trend on recent Bitcoin move. Seeing continued inverse correlation in most altcoins. Will assess for an exit on the retrace, or stops.
Trade active:
Seeing bounce on the support level just below entry. Now oversold on larger timeframes. Added to cost average. Leaning towards a graceful exit (or scaling back to original size) at the trendline turned resistance. Bitcoin price activity still primary decision driver. Stops still in place.
Trade active:
Scaled out 50% at support turned resistance. Base price .0029 on remaining position.
Trade active:
Pushed through immediate resistance. Watching for the larger breakout.
Trade active:
Developed into a larger consolidation range. Trade continues on higher time frame. Fib extension remains target for first profit take.
Comment:
Higher Time Frame Chart:
Comment:
asc triangle w/o wicks.
Trade active:
Early breakout, keeping an eye on volume.
Trade closed manually:
bagheld this one for a while - finally sold into recent move.