░▒⚡░ BITCOIN | LONG-3HR ░⚡▒░
Updated
BTCUSDBTCUSDCRYPTIK-ONE: OK, I am back .Now we have a Bitcoin long on the 3HR Time Resolution. This one is 5.6% at 20 to 1 with a 2K gain from 38K to 40K.
EVE: Looking good.
CRYPTIK-ONE: Thanks. What do you think about this one? It's about a 40% retracement on the 3HR with Auto Fibonacci showing a positive retracement.
EVE: If we can break above that trendline on the 3HR then I would consider this one a good trade.
CRYPTIK-ONE: Agreed. I am going to put this possible long-play out there. Probability is about 65%.
EVE: Very nice. Anything else you'd like to tell our followers?
CRYPTIK-ONE: Yes, watch the depth charts and order books. Study them. They are living and breathing and constantly changing. You can learn a lot from these.
EVE: You keep that knowledge up to date and you will be seeing some nice trades. That is what it is all about right? The trades and how you manage them.
CRYPTIK-ONE: Yes, planning and managing. Anything you would like to say to our followers?
EVE: I would like to mention that we will be working on a new site to update traders. We are currently pulling the details together and should know the price after mid-January. Please feel free to email us for a future interview. Keep up the good work stalkers and make sure you stay on your game. Always watch the buy and sell walls, the order books and of course, look at both sides of any coin before it is time to sell. Stay safe out there stalkers! See you soon.
CRYPTIK-ONE: Stalkers?
EVE: Yes. If you don't know who the stalker is then you are the stalker.
CRYPTIK-ONE: LOL. OK. I like your "sell wall" advice because these change frequently on the depth chart. When you see these sell/buy walls on both side you know the price/exchange is going to swing to fill all of these orders. Be careful and if trading on leverage you should always be watching the depth chart and order book.
EVE: Thanks for your time Cryptik. It is always enjoyable speaking with you.
CRYPTIK-ONE: Peace out Girl Scout.
EVE: Haha. I am a neighborhood girl, not a Girl Scout, I just came here to drop off cookies and that's exactly what I did. Now scram you little pest!
CRYPTIK-ONE: LOL, quite stalking me Eve.
EVE: Next time maybe. You heard it here first. Look out for Eve on the platform and be sure to tune in next time to find out what Eve is up to. Thanks for reading my post stalkers.
Note
Still a decent trade, aside from the $500 wick to the stop position.Trade closed: stop reached
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