crocotrading

Good risk-reward long position for Ether

Long
BITFINEX:ETHUSD   Ethereum
My trading strategy is closely related to the fact that I have a bullish bias. The bullish bias doesn’t mean I am ready to buy any price for ether but rather that I am trying to find the best entry for my longs in terms of risk-reward. It is a decent price to buy ethers from a risk-reward perspective. If you want to be more “agressive”, you could even set a higher stop loss that the one drawn on the chart above. A stop loss few dollars under the $100 would be totally conceivable.

You can find the details of my analysis on my website -> crocotrading dot com
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