Ethereum Daily Dose 3/15/19
With Ethereum as my main position right now, I am pretty happy with my long position that was at $132.39, profited at $136.00 and lowered entry and stop loss to $131. Because my position is so low, I have a lot of breathing room and I am going to continue to hold and already am in profit of at least 9%. There was a small rejection at $147.50 which wicked exactly where one of my trend lines were. My initial target was at $150 to take profit and then to actually sell at $180 but I am going to be patient here and consider taking profit at $147. A small retracement seems very likely and as noted in my graph with the shaded triangle, that’s where I do believe ETH should be ranging at. I would not be surprised if ETH revisits $140-$141 before bouncing back up again.
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