At this time I've decided to try using stoch rsi,williams alligator, macd, and rsi to scalp on the 30 minute.
I am using btcb through Pancakeswap. It is bitcoin but on the bep20 binance smart chain network. I use the corresponding chart which is btcbusd for binance. I use dexscreener's chart for btcbusdt and I use the trading view chart as I mentioned.
Over the course of many years I've been watching bitcoin move but never took the opportunity to try to day trade this way. It can be a very bad idea because of such high volatility you could suddendly have a huge swing throwing you off course.
I am usually a swing trader. Sometimes I'm able to make a profit when I do one trade and it usually takes a month. I haven't found very many of those. I was afraid to take the chance and I'm glad I didn't with everything that's been happening in the world making crypto go down. It's hard to concentrate on crypto when so many bad things are happening around the world.
In good news Rex Token is launching June 25th. Its at rex.io and it's a certificate of deposit on binance smart chain. more about that later.
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Trade
At the current time of 11:19PM EST 6/20
Bitcoin has been swinging from $19798 to $20,760 and that could of been the trade. That would of been some decent profit.
Now I see the stoch rsi going down and we wait for it to get to the bottom before putting in for a limit order around the bottom. It doesnt look like I could name the bottom just yet. Could it be $20,020 for the entry and wait to see what we could do for a nice top to sell?
Do you feel like trading like this?
Overall I think the bottom is around $17700 but I don't think I would stick to a position right now for long term trading besides USDT since we could go to any type of low imaginable with how things are today.
I am using btcb through Pancakeswap. It is bitcoin but on the bep20 binance smart chain network. I use the corresponding chart which is btcbusd for binance. I use dexscreener's chart for btcbusdt and I use the trading view chart as I mentioned.
Over the course of many years I've been watching bitcoin move but never took the opportunity to try to day trade this way. It can be a very bad idea because of such high volatility you could suddendly have a huge swing throwing you off course.
I am usually a swing trader. Sometimes I'm able to make a profit when I do one trade and it usually takes a month. I haven't found very many of those. I was afraid to take the chance and I'm glad I didn't with everything that's been happening in the world making crypto go down. It's hard to concentrate on crypto when so many bad things are happening around the world.
In good news Rex Token is launching June 25th. Its at rex.io and it's a certificate of deposit on binance smart chain. more about that later.
-----
Trade
At the current time of 11:19PM EST 6/20
Bitcoin has been swinging from $19798 to $20,760 and that could of been the trade. That would of been some decent profit.
Now I see the stoch rsi going down and we wait for it to get to the bottom before putting in for a limit order around the bottom. It doesnt look like I could name the bottom just yet. Could it be $20,020 for the entry and wait to see what we could do for a nice top to sell?
Do you feel like trading like this?
Overall I think the bottom is around $17700 but I don't think I would stick to a position right now for long term trading besides USDT since we could go to any type of low imaginable with how things are today.