stewdamus

LTC BTC ETH - How I am trading? Cautiously. No volume.

stewdamus 업데이트됨   
BITSTAMP:BTCUSD   비트코인
Bitcoin. Litecoin. Ethereum. How am I trading three? Cautiously. Why? Although, most of the technical indicators seem to be in place to buy, there is no volume. This concerns me. I have dipping my toes into this slowly with fairly tight stops that follow up (see charts for details). The most I have into any trade right now is %50 of my trade deposits. I will gain more confidence when I see volume follow. For now, I remain slightly suspicious and therefore, cautious, as we continue to move up.

I will allow my stops to sell me off unless we reach certain targets (more to say on that below). I started with a set stop (see chart for starting stops) and have been adjusting as we go. I think a 10% trailing stop is a good automated sell point but if we get to the following levels I will probably sell manually UNLESS I see volume come in to this market:

Litecoin sell target = $62.38
Bitcoin sell target = $4389
Ethereum sell target = $325

Bitcoin chart above. Litecoin and Ethereum charts below:






코멘트:
My Bitcoin sell target was reached. Litecoin and Ethereum did not. And, quite frankly, I don't see how they are going to without Bitcoin leading the way. More caution is advised here. Take some profits on Bitcoin and have your stops set per tolerance on the rest of your trades.
거래청산: 스탑 닿음:
Trades closed on this one. Although I made healthy profit on Bitcoin, my Litecoin and Ethereum stopped out. Will sit in cash for a bit, reanalyze, and look for new entry points to reposition.

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