Market totally Exhausted. big chance of a pullback here.
I closed my long today, i been longing ETH for the last 3 months during the 2017 reversal.
i think we will see our first major pullback here to allow some fresh money & take out some fomo longs.
Open - 2430
target one - 2050
target two - 1850
Stop - 2700
As always with all altcoin trading we will be reviewing our position in trade, these markets are very small with liquidity & orderbooks very thin.
As we are trading against the longer trend here the position size will be fairly small. Fund management is essential, always protect your bankroll.
Good luck all
I closed my long today, i been longing ETH for the last 3 months during the 2017 reversal.
i think we will see our first major pullback here to allow some fresh money & take out some fomo longs.
Open - 2430
target one - 2050
target two - 1850
Stop - 2700
As always with all altcoin trading we will be reviewing our position in trade, these markets are very small with liquidity & orderbooks very thin.
As we are trading against the longer trend here the position size will be fairly small. Fund management is essential, always protect your bankroll.
Good luck all
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.