The past two trades I have made 7% and 4% on Ethereum. Right now it looks like the 215 resistance may be broken.
Ethereum keeps testing the 215 level, and is slowly moving down indicating resistance. However, upon the chance we break 215, wait for a retracement before going long with a target at 230+.
Buy:
215 USD
Take Profit:
232-36 USD
Stop Loss
210
However, we have a much safer trade by shorting under the 215 level, so we can have a very tight stop loss and reduce our risk.
Short:
213 USD
Take Profit:
203 USD
185 USD
180 USD
If price action seems weak, I will set a take profit above the current price so I may ride another wave down.
Stop Loss:
215/216 USD
Thanks for viewing! I am current short Ethereum from 213.5 on Bitmex. For people who are new, this trade will be continuously updated until the trade is closed. You may follow me to keep track on this trade, and I expect it to close within the next 48 hours. Feel free to ask if you have any questions.
Ethereum keeps testing the 215 level, and is slowly moving down indicating resistance. However, upon the chance we break 215, wait for a retracement before going long with a target at 230+.
Buy:
215 USD
Take Profit:
232-36 USD
Stop Loss
210
However, we have a much safer trade by shorting under the 215 level, so we can have a very tight stop loss and reduce our risk.
Short:
213 USD
Take Profit:
203 USD
185 USD
180 USD
If price action seems weak, I will set a take profit above the current price so I may ride another wave down.
Stop Loss:
215/216 USD
Thanks for viewing! I am current short Ethereum from 213.5 on Bitmex. For people who are new, this trade will be continuously updated until the trade is closed. You may follow me to keep track on this trade, and I expect it to close within the next 48 hours. Feel free to ask if you have any questions.
Nota
The stop loss on Bitmex will be 215 but on Bitfinex I recommend a stop near 216 due to the price always being slightly higher than Bitmex.Trade attivo
Wow this took a while, but we did get that breakout.Long active.
Nota
Strong selling. We may push up but this will mean another round of consolidation. Good for trading in this zone.
Trade chiuso: obiettivo raggiunto
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.