BTC Trade on Oct 9, 2019 11:13 from Marius: Tradervue User Stock Trades.

This is a range break that I was watching for the past couple weeks. I was looking at the ATH VWAP + Q4 2018 low VWAP + 61.8% retrace. The price has tested the area and notably the ATH VWAP. Price is moving away from this and will monitor at what rate its doing this. Looking for a move to around the 9.5k price area but will keep a manual trailing stop. GBTC has been traded in sync (adding data to separate trade). The tape on both exchanges were showing me confirmation on both moves. The bid order flow and volume was notable in the A.M. session. The 24 hour exchange is showing continued directional order flow above VWAP.

Noting we saw smaller cap names with major moves early this weekend. Then gradually moved into mid cap and now BTC the largest cap. The shift in funds flow is currently consistent and will keep watch on development.

Scheduled near term news/events : FB Libra testimony 10/23 + Blockchain Conference 10/25-10/31

RVOL - 1.19+
AVG VOL - 10.77K
ATR - 425.9
Market Cap - 154B
Short Float - ?

Trade Overview

(Bitfinex data slightly different but prefer the price action against VWAP)

Trade Review

There was a fake breakout which triggered stop buys + short stops. Price was then pushed down and long stops triggered. I've seen this price action before and I'm considering to let a weekly trend change to continue trading in this space. This would be a strong trend with possibly less moves like this. I'm also thinking of moving all crypto trading capital into stocks to focus on that.I have to remind myself that there is nothing at the moment notably fundamentally making this space in play and the current market is nothing compared to other assets. There maybe other areas where I can professional develop my trading skills. Stocks earnings season is starting next week and that might provide better and reliable opportunities. More than average loss here but learned something and still trading. It's worth noting that price is still above ATH vwap.