Over the weekend BTC crushed through the $4400, $4500, and $4650 levels. Who knew that the $4900-$5100 area could be in play so soon, and now its very tricky up ahead. I still have not taken in profits from the trade entry point of $4200, but have tight stop losses around this current level. Perhaps, I may exit if I have to catch some sleep. Only doing it so today since I think tonight will define a lot of things as Asia gets under way and digests all of this. Ahead we have the $4900, $4980, $5000 (*psychological resistance*) and $5100. I remember live trading the play at $2999.99 earlier in the year (gdax prices) at it definitely got interesting from then on. Ill consider taking profits around the $4950 level.
With that said, this is not how I want to be operating from now on. The reason why I signed up for Trading View was to keep myself honest and document my work here. Not really going after followers and all that hype. Not about that and not really into that whole social media addiction either. I will be documenting this more as my scratch pad of what I got going on and what Im thinking about doing.
If you are able to provide your insight into this, I would appreciate that as well. Looking forward to the next couple of weeks as I get myself situated on the site, and hopefully soon start posting more concise and detailed trades. To include entry and exit points and how much Im putting down on the wire.
Thanks for reading!
Chart Note:
I posted a couple of scratch pads over the short time I've joined.
This chart is a continuation of that just stretching everything out further down the timeline.
Disclaimer:
Originally bought in earlier this 2017 year @ $1200 and $1500.
Not trading with the overall portfolio. Don't go all in on one direction thinking you'll bat home runs each time.
Never been a professional Trader before. But Senior Consultant in the industry - consulted for investment banks/trading floors in NYC, LATAM, and London 4+ years.
Previously preferred derivatives and equities, got hit with the crypto bug earlier this year and now this is my main portfolio.
Long term investor, doing it for the long haul: BTC ETH LTC XRP DASH XMR ZEC (always be careful with what JPMorgan invests in)
With that said, this is not how I want to be operating from now on. The reason why I signed up for Trading View was to keep myself honest and document my work here. Not really going after followers and all that hype. Not about that and not really into that whole social media addiction either. I will be documenting this more as my scratch pad of what I got going on and what Im thinking about doing.
If you are able to provide your insight into this, I would appreciate that as well. Looking forward to the next couple of weeks as I get myself situated on the site, and hopefully soon start posting more concise and detailed trades. To include entry and exit points and how much Im putting down on the wire.
Thanks for reading!
Chart Note:
I posted a couple of scratch pads over the short time I've joined.
This chart is a continuation of that just stretching everything out further down the timeline.
Disclaimer:
Originally bought in earlier this 2017 year @ $1200 and $1500.
Not trading with the overall portfolio. Don't go all in on one direction thinking you'll bat home runs each time.
Never been a professional Trader before. But Senior Consultant in the industry - consulted for investment banks/trading floors in NYC, LATAM, and London 4+ years.
Previously preferred derivatives and equities, got hit with the crypto bug earlier this year and now this is my main portfolio.
Long term investor, doing it for the long haul: BTC ETH LTC XRP DASH XMR ZEC (always be careful with what JPMorgan invests in)
Chart from last thursday Oct 5 - I am just continuing this scratch pad because I am liking how this is moving up within that channel. However, at this point, we can note some resistance along the top of that channel which is also close to that previous trendline. By this, I mean the top yellow circle where we hit today's high.