BTCcoinsultant
Long

Status On mY Bitcoin Long Position

BITFINEX:BTCUSD   Bitcoin / Dollar
160 2 2
Yesterday's chart indicated that the $237 is a strong area of multi-layered resistance. Prices had a fake breakout and started to consolidate. I cashed out my $227 long at $235 as markets pulled back from resistance level for a 3.4% profit.

I'm still holding my $219 long position with a stop order set at $230 as a safety net. I will scalp (without leverage) in between support and resistance levels for 2% gains while the markets are going sideways.

If prices breakout at $237 I will consider scaling out more profit around $245.
Hey sticking to the plan, getting stopped out is no biggy as losing is part of the game! Here is my next level of interest
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BTCcoinsultant Cryptoelite
A reload at $226 could work. I'm also out at $230, still made a profit but not as much as I could of. Not sure what my next trade will be, I'll wait to see if the markets stay in the $230's before deciding.
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