Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
ETC
Ethereum Classic
Long
ETC
By Nevermorejk
Follow
Follow
Updated
Apr 7, 2019
3
Mar 21, 2019
Position Filled. Discretionary trade
A second attempt at this trade will be made based on the weekly chart if Daily Stop triggers.
Risk = $0.24 per share
Full Position TP @5.8 option to switch to a trailing stop at this point if bullish moment remains strong
Reward potential 1.29 per share
R:R = 5.37 at Full TP
Lowest acceptable R:R at 5.23
Notes:
Unless there are significant bearish signals, taking profit below $5.11 is not recommended.
Daily and weekly on Coinbase looks different than charts for the other market places. Keep an eye on it and see which is more accurate.
Keep an eye on 5.38-5.7 for selling at resistance.
Planned time frame 2-6 weeks. Reevaluate if target not reached by then.
These are my own trades and journals. Provided for educational purposes only
Apr 7, 2019
Note
Still holding this trade. With the breakouts on ETH and BTC I expected this to continue up. Targeting TP above 7.19
Apr 7, 2019
Note
Sold
Apr 8, 2019
Note
Watching the $6 range for possible reentry.
Beyond Technical Analysis
crypto
Cryptocurrency
etc
ETCUSD
Ethereum (Cryptocurrency)
Technical Indicators
LONG
short
trade
Trend Analysis
USD
Nevermorejk
Follow
Also on:
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
.