October 2020 BTC Count (Latest Trade)
My 1st 50% Trade got Triggered!!!
The other half is still on play.
The perks of having an OCO on your Exchange.
"One Cancels the Other". Last night seeing a possible quick drop of the market, I decided to sell using OCO; locking down some profits. Though the market still have the room for the upside, Profit is still a profit.
Now I still have the other half on play, I just simply set my "Stop-Loss" making sure that no losses and all gains in this trade. One good strategy, is to keep the discipline and avoid too much greediness on the market. This will avoid bigger losses.
Final Thoughts of the Market:
Well, we are still not out of the woods. There are still strong resistance going up, plus the fact that there's a gap under the CME @ around 11.2K.
CME GAP
Going back to my previous count, these possible scenarios are still the two strong contenders. Plus, the fact that a third scenario may reappear out of the woods.
Main COUNT
2ndary Count:
3rd Scenario:
BTC will continue its sideways and drop to 9.8K - 10.2K (small bounce) region and continuously goes down to 8.5K - 8.8K (Possible Big Bounce).
Related Topics: September 2020 BTC Count
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