ETHUSDT - SELL (Reached the SUPPLY Zone)

3 mai 2020

We reached the previous breakdown price and with the increase in volume signifies that there are some distribution across 220-210. At this level, we are looking at a fairly low risk trade with the potential for swing trade down.

I will be SELLING at 2 levels.

First SELL position: 211-208
Second SELL position: if price < 190

4 mai 2020

Transaction en cours

SELL still in place. Looking forward for it to break below 194 and I will setup my second position.

Current profit: +6%

5 mai 2020

Transaction en cours

Amaze on how well 194 is supported but im still holding and sticking with the trading plan.

Stop Loss: Price > 230

10 mai 2020

Transaction en cours

Trade is still active and currently holding on to 10% profit, will be adding to the SELL position if the price closed below 190 today.

10 mai 2020

Transaction en cours

Added to my short position at 188.

Going to reach my 1st TP around 171 where I will close around 80% of my position.

11 mai 2020

Transaction en cours

I will be closing 50% of my position at 188 if the daily close at 188, had a strong bounce where the price hit 176 and a little shy of our target of 171. We notice a spring had formed on the hourly.

27 mai 2020

Trade fermée manuellement