We have a spike in transaction fees, the other two recent ones were in August and September, just before significant price drops.

To confirm a truncation and the new bullish pattern, we should see sustained buying during the next couple of days, if not...

Not me, I just closed a small long, but I'm not shorting yet, need to see how this develops.

Sell at 273.25$

0.33222 * 273.25 = 90.779$

Buy at 267.55$
I might regret this...

88.886$ / 267.55 = 0.33222 BTC

Quoting:

A pure scalper will make a number of trades a day, between five and 10 to hundreds. A scalper will mostly utilize one-minute charts since the time frame is small and he or she needs to see the setups as they shape up as close to real time as possible. Quote systems Nasdaq Level II, TotalView and/or Times and Sales are essential tools for this type of trading. Automatic instant execution of orders is crucial to a scalper, so a direct-access broker is the preferred weapon of choice.

My point is just to be able to enter a good position or exit a bad one asap, without a time limit. It's bad enough that I can miss such opportunities because I need to sleep or do other things.

Don't you mean "HODLing"?

It would be easier without the 8h between trades rule. IMO a fair trading simulation should allow 2 (two) pairs of trades
within 24h (buy-sell-buy-sell), to avoid getting bull trapped and to buy at a local bottom quickly after selling.
With the 8h rule it's a different game, not really trading simulation, and more frustrating. But I can play it like that.

Price is now 271.32$, so???

Your post doesn't have to be thread related, you can just post a flaming choo-choo.

Another drop to 260$ looks probable, but I'm not sure, just watching. After a bottom will be reached I'll say more.

It it interesting that Chinese exchanges not only broke short term support, but also (barely for now) the 6th Jan support,
which on BFX is 264$, but BFX didn't yet break it. So China leads this dump, bagholders must be getting desperate.

Not yet, just the smell of blood, several days from now it will be beartastic.

China dumps hard, breaks short term support.

Sell at 276.37$

0.32162 * 276.37 = 88.886$

I'd be happy with a bull trap at 290$.

Stop trying to reason with inca, for him going up is always normal, going down is always manipulation.
And the bullish scenario is still valid, if during the next 2 - 3 days the market will be able to break resistance at 297$. If not, bears will rejoice.

Buy at 279.49$

89.89$ / 279.49 = 0.32162 BTC

I'm not sure what you mean, but now I have a new rule: wait another hour before closing my shorts.

Oh crap, I closed my short too early again, based on lack of red volume on Chinese exchanges, and now...splash!