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Nevermorejk
Apr 11, 2019 4:24 PM

ETC Long

Ethereum Classic / DollarBitfinex

Description

Was looking for re-entry near $6. So I am taking these trades. First one filled.

These are my personal trading journals. This is not financial advice. These are provided for educational purposes only.

Comment

Additional orders filled today at 5.76

Bounce on hourly and intraday time frame looks likely, but will watch closely now for bearish signs. Might exit for a quick profit within days and reenter lower, if no strong bullish reaction develops from this low.

Comment

I entered too soon on this one, but am still in the trade. Weekly closed above weekly support (orange) and the price has been bouncing around the daily OB/breakout zone. watching closely this week for possible bearish signs and reasons to close out and reopen with a better setup.

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But looking good for a possible bullish reversal from the recent low

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Still in the trade, avg entry is grey horizontal. Nice reaction from lows so far, tracking BTC movement, but more slowly.

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6hr looks good and is trending bullish again finally.

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Still looking good overall. Trending bullish on all higher time frames. Looking to hold my position for now.

Have my first TP above $11 which will give me a 2x on this position.

Will monitor in case I need to exit sooner.

Comment

Fully out of this trade again. All sell orders executed above 8.25. Have not calculated profit and avg exit yet.

Over 40% profit on the trade overall with potential to capture up to 74% thus far.
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