Long

ETH Weekly Chart 1

Updated

My ETH trade setup for the week.

Trade active

The price went slightly below my stop loss but I manually kept it open. I probably should have set stop loss at +/- 5% considering the expected target is considerably higher than that for BTC, in spite of using the same pattern:

snapshot

Note

you can see that the price retreated fairly quickly back to the entry zone:

snapshot

Trade closed manually

We've hit ceiling. We're headed down. I'm going to skip a new ETH chart but the price should follow the new BTC chart I'm putting up.

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