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HD1184K
Dec 28, 2018 10:40 PM

Ethereum (ETHSD) Closed ETH long for over 10% profit. Now short. Short

Ether / United States DollarCoinbase

Description

The last trade I longed ETH and ETHBTC for over 10% return. ETH actually had a 19% pump, verifying my prediction that an ETHUSD long would be better than a BTC one. Check out that idea in the related section.

Now that it has hit resistance, I will be shorting. I believe Bitcoin will break down to test 3700, so an ETHUSD short will outperform a BTCUSD one.

Thanks for viewing!

Comment

Will close short when BTC reaches 3700.

Trade closed: target reached

BTC short closed for >4%, ETH short closed for just 2%.

BTC hit 3700, which was the reason I closed ETH.
Comments
pippopippo69
Can you send me same channel informations? Tks again for your top work..
AjnoudaSikret
Hi, thanks for your analysis. What are your decisions for entering trades based on? Support resistance solely?
HD1184K
@AjnoudaSikret, No, I use other tools and indicators I just don't show it on the chart.
HD1184K
I usually just watch the orderbook to determine if price is going up or down along with volume profile and a volume oscillator.
AjnoudaSikret
@Xzhi, Im actually exploring many ways to trade, so I'm interested in learning your way too. Is there any video lesson for a technique you are using (combining orderbook with volume oscillator)?
HD1184K
@AjnoudaSikret,

Sorry, but I can message you a good channel to watch if you are interested in trading cryptocurrencies.
AjnoudaSikret
@Xzhi, Yeah, cool! Thanks
The_Master_P
@Xzhi, can you send me one as well? Thanks
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