Yesterday (July 20) I made this trade on ETH/EUR. I had a buy setup before the night (CET). Why buy at €167? Well, I worked of the base at 183/187, the 183 was a small dip. Anyway 10% below 183 is about 167 so I figure that would be a nice enough drop below that base to buy some. Then when waking up I saw it already bumped over 180 again. So decided to put in a sell order at 200, which is about 20% above 167. Seemed like a nice percentage to make. Don't get too excited though because it was a €50 trade, but made almost €10. But yeah 20% is 20%, right‽ Not expecting 20% every day, that would be crazy, or not?
I now have buys setup at 170, 165, 160, 150 and even 120. Leaving it like for a couple of days and see what the market does.
Must say that I started trading crypto coins on July 11 and using @quickfingersluc trading style, well I'm attempting anyway 😀.
Feel free to leave comments if you feel I'm doing it wrong or just want to say great or ask something.
Steve
Beautiful trade Steve!!! I'm looking forward to any potential trades on BTC/USD as we get closer to August 1st (all of the hype/fear around the bitcoin fork). #InCryptosWeTrust
Looks like a new base has formed on BTC/USD (I'm not trading in USD but in EUR, but you see the same thing on the BTC/EUR pair). Keep some cash ready for when this thing will drop. And if not, just work with the bases right?
Yep...I definitely see that base...let's hope it cracks :)
And another base seems to have formed around the $2769 level
https://www.coinigy.com/s/i/5973bd2b14a9d/
looks like you made some nice percentages there, well done!
Thanks D! Yeah August 1st seems to get some nervous.
No new trades yesterday, have some buys setup, but for now most of it is going up or staying at current levels. Have to check the charts today.
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