Bitcoin touched till 4390 today morning and it is looking strong. Remember we are out of the trade and looking for a place to get back in and since there has been no up fractal made after the low fractal on 22-Aug-2017 at 3600, we will be sitting out.
A low fractal is a bar which has 2 higher lows on both the sides. That means low of 22-Aug-2017 was a low fractal and it became a low fractal at the end of yesterday (24-Aug-2017).
Today’s chart:
We are still holding on to our default order buy (1X) at 4502 and wait for the move either to take this order or make a new lower higher fractal and then we can get in.
Until tomorrow then ... :-)
Previous Day : https://steemit.com/tra/@aarcee/bitcoin-btc-usd-trade-chart-24-aug-2017
Next Day : https://steemit.com/trading/@aarcee/bitcoin-btc-usd-trade-chart-26-aug-2017
TRADE DIARY
| Date (Buy) | Buy Price | Sell Price | Date (Sell) | Profit/Loss |
| 20-Jul-2017 | 2410 | 3822 | 22-Aug-2017 | 1412 |
| 20-Jul-2017 | 2410 | 3822 | 22-Aug-2017 | 1412 |
| 31-Jul-2017 | 2830 | 3822 | 22-Aug-2017 | 992 |
| Waiting | 4502 | |||
| Net | 3816 |
DISCLAIMER: The above references are my personal opinion for information and educational purposes only. It is not intended to be investment or trading advice. Seek a duly licensed professional for investment or trading advice.
Hi @aarcee thankyou for the update..I'm looking for some lower levels on the bitcoin to make my first crypptocurrency investment.
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For investment you should not look for levels, just buy :-)
For trading you can follow this and develop your own strategy...
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thanks, followed.
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Thanks, I hope it will be helpful :-)
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Hello, Good Work, keep it up... :) Enjoy your time here in Steemit... It's a great community! Wish you Good Luck! ** I will follow your account, please follow me at @space-man
From: https://steemit.com/@space-man
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