Ethereum Looking To Retrace | Will It Go Lower Or Bounce?

Sep 22, 2019

Ethereum (ETHUSD) had a great run and grew over 35% in a matter of just 3 weeks... Now it is starting to retrace and can go lower... But be careful, lots of bullishness around, so if support holds it can easily bounce and resume the uptrend.

All the levels are marked on the chart.

Namaste.

Sep 24, 2019

Note

Trade: SHORT ETHUSD (Ethereum)

Leverage: 6X

Buy-in: $219 - $212

Targets:

(1) $210 -Reached (+14.28%)
(2) $203 -Reached (+34.46%)
(3) $196 -Reached (+58.14%)
(4) $188

Stop-loss: Close daily (1D) above $225.

Liq. price: $248.65
(Buy-in calculated at $215)

Potential profits: 86.16%

Capital allocation: 4%.

Sep 24, 2019

Trade closed: target reached

Targets:

(1) $210 -Reached (+14.28%)
(2) $203 -Reached (+34.46%)
(3) $196 -Reached (+58.14%)
(4) $188 -Reached (+86.16%)

That's my trade.

Namaste.