Happy Saturday Trading Update 📈📉💸
Hey guys,
Little Saturday morning market spew day, as you can see on the following Bitcoin Hourly:
BTC/USD Hourly
Just one of those low liquidity mornings where a technical level goes and stops trigger. Price lurches down on the back of it and we all have a crap morning in cryptoland.
Happy Saturday everyone!
So just a quick couple of trade updates, starting off with my new bestie, EOS.
Remember this EOS short trade that I’ve been prattling in about? Once again, you’re NEVER too late to the party if you miss the first entry:
EOS/USD Hourly
Again and again and again out of that same intraday retest of previous short term support as resistance.
Anyone day trading this and collecting the 1:3 risk reward on offer over and over again?
Second up we have that dingy mate that never really comes out to party anymore, Litecoin.
Remember our last LTC long trade? Well after today’s lurch down, price is back in the higher time frame zone and now we wait for the intraday pullback on the hourly:
LTC/USD Hourly
If you look at the LTC daily, there is probably a better support zone just lower, but I still like this one enough to trade it again if in fact it does hold again.
Happy Saturday legends!
✌🏻.
@forexbrokr | Steemit Blog
Market Analyst and Forex Broker.
Twitter: @forexbrokr
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