graham.edwards84

ETHUSD topping where?

Long
BITFINEX:ETHUSD   Ethereum
My feeling is that the 1500 target I set earlier is still in play although there maybe some early exiting and this could slow down the pace a bit with a tiny blip. Potentially if enough last minute shoppers come it then this baby could go to 1600 1700? maybe higher?

I've parted out a lot of ETHUSD and moved the cash into some bargains but I've never really had the stomach for the blow off top and usually chicken out... Still have enough skin in to make it worth while if this horse runs though.

My strategy has always been to build a position in 3 to 4 buys and deconstruct the position in the same fashion.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.