ETH buy a bounce of the low 1590 to 1650

ETH has crashed down with all the crypto market as Dollar as move high after CPI number, now we will see where we will stabilized in term of price and if it is just a news or if inflation so high will change view on speculative investement like ETH and BTC, so we will see this week the outcome, at the moment, as i like to do daytrading i will try to play the correction and see if it is going to be an ABC , will open a small long on the 1690-1700 area on next pullback and than see the reaction prior incresed the position with TP 1650; i closed my last ETH long at BE, probably was better to closed before the news with nice profit but just start a new trade, there are opportunity every day

Trade active

10% long opened at 1598

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increased postion to 25% long

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swap of the low, if BTC does not crashed down we can get a nice bounce up

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increased long position to 40% with stop at 1567

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10% position closed here at 1608 with nice profit, SL at BE at 1595, 30% try 1630-1650 TP

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it is counter trend as Dollar is very strong so it is better to booked some profit

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i did not like the swap of the low too much

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another 10% closed at 1617, live 20% run

Trade closed manually

closed the trade as i do not like the swap of the low, preferred closed with a nice profit, enjoy it and go to sleep happy

giorgiovie

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giorgiovie