Bought a little BTC here for a scalp trade by jondoe

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hive-167922 · @jondoe · Aug 11 '20

$8.88

Bought a little BTC here for a scalp trade

# Bitcoin just dipped under $11,400 and I couldn't resist

I bought some BTC a few minutes ago at $11,395 for a quick scalp trade.

I have some other BTC that I plan on HODLing for years and years, but using some of my trading capital to see if I can make a little coin here.

Here's what the hourly chart looks like right now:

![](https://images.hive.blog/DQmYbA4YQ4YhBXsqogX93VMLmogmAgCSLi98HBipQ75nqqf/image.png)

(Source: https://bittrex.com/Market/Index?MarketName=USD-BTC)

Based on the short term oversold conditions on the chart, I think we could see a bounce back up to the $11,500-$11,600 area.

And I think we see it within the next day or two.

Gold is down 5% while silver is down 10% currently. Bitcoin is down roughly 4% while stocks are up.

Posted Using [LeoFinance](https://leofinance.io/@jondoe/bought-a-little-btc-here-for-a-scalp-trade)

👍 jrcornel, brian.rrr, redes, bigram13, leo.voter, edicted, asa-raw, ctime, xxxxxxxxxx, livingfree, planter, mmmmkkkk311, cryptospa, jondoe, onealfa.leo, payroll, warnas, solominer, diverse, bastter, apoloo1, corndog54, amico, d-pend, pixelfan, leofinance, gadrian, gniksivart, heyimsnuffles, helgapn, automaton, hextech, investprosper, pataty69, flauwy, mtl1979, kaniz, hive-108278, akertxu, yameen, sumatranate.leo, tariqul.bibm, engrsayful, mcoinz79, oldtimer.leo, heyimsnuffless, paragism, deflacion, pfdm, dtrade, ahlawat, robinhoodupme, letshodl, ldelegations, idkpdx, spinvest-leo, tonimontana.leo, pjansen.leo, mindtrap-leo, coredump, laissez-faire, haxxdump, tonimontana.neo, abh12345.neox, and 3 others

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amico	13,961,654,307	1%
paragism	1,111,027,748	4.5%
yameen	1,936,634,572	1%
gadrian	7,014,448,300	4.5%
payroll	99,629,747,941	2%
cryptospa	190,099,383,011	100%
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jk6276	0	1%
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ctime	744,779,453,251	5%
limka	0	3.5%
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haxxdump	20,650,096	10%
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onealfa.leo	118,063,436,846	12.5%
vxc.leo	0	12%
abh12345.neox	0	8.1%
deflacion	996,141,419	9.9%
spinvest-leo	348,115,294	5%
tonimontana.leo	320,605,271	7.78%
tonimontana.neo	0	0.58%
sumatranate.leo	1,775,523,070	100%
pjansen.leo	304,387,060	100%
tariqul.bibm	1,765,036,329	7.5%
ldelegations	543,674,910	50%
leofinance	8,083,655,069	15%
hextech	3,597,651,651	66%
asa-raw	785,067,202,770	20%
hive-108278	2,434,733,139	7.5%

@brian.rrr · Aug 11 '20

$0.89

Nice move... should pay off shortly!

👍 brian.rrr

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@jondoe · Aug 12 '20

We shall see. It dove a little lower than I had hoped.

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@cryptospa · Aug 11 '20

Do you have a stop-loss, @jondoe?

Posted Using [LeoFinance](https://leofinance.io/@cryptospa/qewue9)

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@jondoe · Aug 12 '20

A mental stop loss at $11k, yes.

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