Bitcoin is oversold on the hourly chart. It went down from 11,700 to 10,230 I'm not saying it won't go down any lower. It may, but there's a good chance that it'll bounce from here.
Time for long :)
Trade active
10,250
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Today will be a volatile day, so make sure you use stop loss. Happy trading :)
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After we've opened this trade, we've bounced from 10,250 to 10,600 which is great. I'm keeping this position open for now with a tight stop loss set at buying point.
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I've moved my stop loss to 10,350. Even if this goes down, we'll close in profit.
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CME Bitcoin futures will close in about an hour. I'm expecting volatility. Shifted stop loss from 10,350 to 10,550 Currently, it's bullish :)
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We've just crossed 11,000 on the hourly candle. Hold your positions and use stop loss.
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I've shifted my stop loss from 10,550 to 10,700 :)
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Bulls are pumping it hard and we've now came from 10,250 to 11,250 in just 6 hours. I'm shifting my stop loss to 11,000 BTC because market is highly volatile and we must book profit.
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We've got what looks like a gravestone doji on the hourly chart. Price fell from 11,325 to 11,000 and our stop loss triggered.
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