Greenhill
Short

ETH wants to pullback !! Long closed! First ETH short of 2017!

POLONIEX:ETHBTC   Ethereum / Bitcoin
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
Nice call Greenhill, well spotted.
+1 Reply
Logical decision...which is sometimes not good.(crazy market:P) What about a Dash short? What do you think?
Reply
Greenhill CoinDreamer
@CoinDreamer, not touching dash, would not short it yet. hard to call which way its going but not good risk there.
+2 Reply
Hope that you right bro, you know this crazy ETH, nevanow :) and nice Chart...
Reply
Greenhill AlexCombo
@AlexCombo, got a nice start to the trade, the best trades are the ones that go well from the start. should hit first target second one hard to tell
+1 Reply
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