Bulls have everything to prove in this market. Based on overall market I have adjusted my time-frame to be shorter.
Plan is to sell half at the resistance at 400 and then after that see how it reacts.
On a failed breakout through 400 I would sell the other half right away.
Stop loss is set at the beginning of the breakout move (at 376 ish)
Plan is to sell half at the resistance at 400 and then after that see how it reacts.
On a failed breakout through 400 I would sell the other half right away.
Stop loss is set at the beginning of the breakout move (at 376 ish)
Trade closed: stop reached:
I was thinking bitcoin would stay in its price range for at least a few more hours. But the drop in bitcoin brought everything else down with it. Took a loss at said stop loss