SHORT ETHUSD - SELL with caution @395, BUY with confidence >415

23 nov. 2017

This is my first attempt to publish ideas on TradingView so lets see how that goes in terms of acceptance.

I am betting against the BULL run of ETH due to two fundamentals

1) YoY growth of 4000% / Sitting at ATH
2) Rising wedge with lower highs and a Wolfewave

The risk on the break on upside is minimal..

SHORT @ 395-385 with HARD STOP @ 415, Target is 290-270-200-170-135
BUY @ 415 with HARD STOP @ 380, Target on upside is Huge and potentially can take this upto 800 levels

25 nov. 2017

Transaction en cours

This was tricky trade but after first stop loss in SELL, I went long at 415 and holding it at 465. Stop is adjusted back to 430 to breakeven out of it

25 nov. 2017

Trade fermée manuellement

Closing upon sighting of BTC strength and a descending triangle in 15min ETH chart... similar "ascending" chart in 1HR BTC confirm the weakness above 460 - looking to reenter near 430 this time