Bear Market for ETH, short when applicable

BITFINEX:ETHBTC   Ethereum / Bitcoin
From MACD & ADX , we are in a bear market, so we will not make long positions.
If price fall below 0.032(previous low), short it, we should at least have 10%~20% profit.
If it goes beyond 0.034(previous high), close your short position.
As the stop loss percent is 6%, your position shall not be more than 30% of your total asset.
Enjoy it.
May as well short now while its only around 1% from .034.
heack Galvin
@Galvin, exactly. Short position should be opened when price going down, but not when it's pumping. You could set the trigger price of previous low, then when it falls below the trigger price, there is high possibility that it's going down.
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