ETHUSD long
Updated
Here we have 8h ETH-USD, I think that ETH might be a good call to buy now, because
- Coppock entered +
- Volume is supercool
- RSI seemed to leave lower zone
- 8h Klinger and SMI Ergodic both OK
- Supports (MAs) are OK.
My tactics:
- Buy in 1/3 @1070, 1/3 @1050, 1/3 @1030
- Stop sell : 1000 (3-7%, WA:5%) loss, or on volume drop
- Exit 1/2@1300 (25%), 1/2 ATH+ (based on indicators), but before 14th of Feb
This is NOT a trading advise, just a biased idea of an unpro, always use stops, avoid FOMO, calculate risk, and don't risk more than you can afford to lose. Comments/criticism welcome (preferably with reasoning)!
- Coppock entered +
- Volume is supercool
- RSI seemed to leave lower zone
- 8h Klinger and SMI Ergodic both OK
- Supports (MAs) are OK.
My tactics:
- Buy in 1/3 @1070, 1/3 @1050, 1/3 @1030
- Stop sell : 1000 (3-7%, WA:5%) loss, or on volume drop
- Exit 1/2@1300 (25%), 1/2 ATH+ (based on indicators), but before 14th of Feb
This is NOT a trading advise, just a biased idea of an unpro, always use stops, avoid FOMO, calculate risk, and don't risk more than you can afford to lose. Comments/criticism welcome (preferably with reasoning)!
Trade closed: stop reached
Couldn't reach 1300, only 1250ish. As it falls too fast, before stop sell, i quit. Loss: 0% Gain:0%. Good trade :-).
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