ETH wants to pullback !! Long closed! First ETH short of 2017!
Market totally Exhausted. big chance of a pullback here.
I closed my long today, i been longing ETH for the last 3 months during the 2017 reversal.
i think we will see our first major pullback here to allow some fresh money & take out some fomo longs.
Open - 2430
target one - 2050
target two - 1850
Stop - 2700
As always with all altcoin trading we will be reviewing our position in trade, these markets are very small with liquidity & orderbooks very thin.
As we are trading against the longer trend here the position size will be fairly small. Fund management is essential, always protect your bankroll.
Good luck all
I closed my long today, i been longing ETH for the last 3 months during the 2017 reversal.
i think we will see our first major pullback here to allow some fresh money & take out some fomo longs.
Open - 2430
target one - 2050
target two - 1850
Stop - 2700
As always with all altcoin trading we will be reviewing our position in trade, these markets are very small with liquidity & orderbooks very thin.
As we are trading against the longer trend here the position size will be fairly small. Fund management is essential, always protect your bankroll.
Good luck all