ETH correction play : buy swip of DO

ETH is still correcting from yesterday crashed as the other crypto, I think it will stay inside the box 1550-1630, will try to buy a swip of DO or a bounce off it 1570-1578, off course if it will happened with TP 1620-1650 will depend on the bounce and volume as well BTC moved; lets see if we get a trade going on

Note

10% long open at 1600

Note

Small bounce off mid channel of the box, maybe is early, but i give a try here,not sure we get down to DO , but eventually will increased the position down there

Note

position increased to 20% at 1600

Note

position increased to 30% at 1583

Note

increased to 40% at 1592 ,now i have an average buy price of 1594, will not increased postion until a bounce at DO

Note

increased to 50% at 1573

Note

average 1591

Trade closed manually

trade closed at 1595 as it is late here and preferred closing with a small profit than live the trade open; personally i made the mistake on entering prior the swip of DO unless the profit was going to be decent

giorgiovie

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.

giorgiovie