Ethereum Classic dipped a bit more than expected and seems to have lost 100EMA support. We are tempted to close here in small loss but we'll stick to the plan for now and see if manages to regain it!
Trade closed: stop reached
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SL hit with -18.58% and -1R🛑
Ethereum Classic never managed to regain 100EMA support and continued the retracement down.
Hmm, pretty interesting publication. I agree with the arguments. I wonder what your long-term asset strategy is?
TradingOn
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@Solldy, well pennant was invalidated so I guess it was not bullish enough to continue up. Long-term or not I always use Stop Loss according to the TF and RR!