Bitcoin (BTC/USD) Trade Chart : 25-Aug-2017

in #trading7 years ago (edited)

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.

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Hi @aarcee thankyou for the update..I'm looking for some lower levels on the bitcoin to make my first crypptocurrency investment.

For investment you should not look for levels, just buy :-)
For trading you can follow this and develop your own strategy...

thanks, followed.

Thanks, I hope it will be helpful :-)

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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