BTC ballsy trade

Open long on support touch, stop loss right below it. We are near the top before a correction, and mid channel, and divergences starting to appear. This is a super bold trade, but not too much risk since the stop loss is so close. Don't buy too much of it

PUT THE STOP LOSS, correction could be big

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Looking good, I will move the stop loss at entry point, and go to sleep

Stay frosty

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Scalpers can close with almost 5% in 4h
The rest is going with the stop loss method

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Scalpers can re-enter

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Actually, situation lot less advantageous at bitfinex... Careful

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After checking all exchanges, bitstamp is the ONLY one still above support.
Scalpers can open short now at 10960, with a tight stop loss at 11 050$

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Trade in profit again

Scalpers can move the stop loss at 10600 to lock profits

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NOTE : check the exchange used in the chart
Bitstamp / Kraken and other REAL fiat currently all have a 100$ premium (more expensive) compared to USDT (tether, fake fiat) exchanges such as bittrex, bitfinex, binance, poloniex...

I advise to re-build my trendlines on your favorite exchange to fine tune your decisionmaking in fixing the stop loss values

Trade closed: target reached

This short stop got hit. Overall, we still gained 5% on the way up, 3.5% on the way down in one day. We are grateful for every %, thanks to compound growth

Trade closed until situation is more clear

Most probable scalping scenario for the curious : up to 10800, down to 9800

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10800 touched on all exchanges, and started falling down. Let's see

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BTC looks like a down to me still, but I opened a long at 10901 with a very tight stop loss. Risk is almost null, and for bullish action without reloading at lower levels, it should pierce now

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By risk almost null, I mean that if btc dumps, the loss is negligeable, but if asia continues its FOMO, it should give significant %
A short at right below 11 000 is also possible and more probable to unfold, but I don't margin, so I hedged with my long

Nidalas

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Nidalas

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