Ethereum. First short profit target hit. Levels to look at.

BITFINEX:ETHUSD   Ethereum / U.S. Dollar

Ethereum broke out of the consolidation zone 787-959 I posted in my last idea "ETH update. Keep your eyes open next week.".
I hope your eyes were open if you're interested in ETH.
We are reaching the first target 700. If we lose that level we're going straight for 600-625.
From 700 to 600 that's a 15% profit. But at that point I wouldn't risk shorting it more, a big bounce is very likely and we might never go that low again.
If we drop below that strong support we would be headed for 475 or 500 but I'd bet more on 475. 600 => 475 20%.

Litecoin had its full retrace (almost) since early december, Bitcoin had its full retrace (almost too). So why shouldn't ETH get its full retrace? Just because it is better? Puah! I say it goes down like the rest, no priviledge all should bleed equally!

Remember to look at Bitcoin , it's dictating where Eth goes and when it does.
Remember also ETH is master coin it's not about to disappear. It's actualy used... BTC was just there before and people know about it...

+++ I am not a financial advisor (good luck finding one in crypto). Trade at your own risk +++
Comment: Going to ignore ETH unless it goes to 100$ at least.
Won't short it might bounce, can't long it might fall hard, so I just ignore it :)
Trade active: Spreading buy orders from where we are now to 350$.
Give me a tasty 25% bounce baby yes oooh yes.
Comment: Bought 0.2 ETH. Set all dem orders:
Should I start a 1 gran to 10 gran challenge in 1 month no scalping no arbitrage no leverage? Hmm that's probably not possible actually XD
2018/03/29 11:28:26 ETH/USDT Limit Buy 401.00 0.99000 0.00% 396.99000000 --
2018/03/29 11:28:40 ETH/USDT Limit Buy 375.00 0.19000 0.00% 71.25000000 --
2018/03/29 11:29:00 ETH/USDT Limit Buy 369.00 0.25000 0.00% 92.25000000 --
2018/03/29 11:29:08 ETH/USDT Limit Buy 355.00 1.50000 0.00% 532.50000000 --

Let's goooooo. Even if I make 200$ better than sitting on my ass losing my mind waiting for an major opportunity when Bitocin goes to 9k or 6k.
Comment: Come on plebs you're afraid you're going to lose everything.
Gogo sell sell panic fear cries and terror, make me rich.
Maybe I should change my avatar back to palpatine now...
Comment: "I'm going to put all my life savings into a virtual currency unregulated not backed by anything no government behind it literally nothing but emotional people back it, because I saw some kid that said he became a millionaire by buying years ago (so he could dump on the people that get hyped and become a millionaire)"

Comment: When I was a kid someone taught me that merchants in middle ages used to say if you manage to sell a bag of shit to people you were a good mechant, and that was their goal, rather than sell stuff actually useful.

Anyone want some thin air? It's called virtual materials.
I'll take a dump and go sell it. 5000$ my crap, it's a limited edition only 1 a day is released.
If you give me your life savings you get my dumps for a whole week!
I'll sell futures on my dumps for the months to come.

"But the regulators said crypto currencies were the future and everything"
==> Yes R-E-G-U-L-A-T-O-R-S
If they knew anything, would they be:
a/ Regulating boring losers
b/ Fucking billonaire legend traders


That said, it's all personal opinion and I don't think these things will just disappear forever, let's see what happens when the cattle hype totally vanishes.
Comment: So ETH bouncing on the linear trondline or wat?
Comment: Soon...Soon...Won't mind going to 350 first.
Comment: So LTC bounced hardest of the 3? And I think out of all the usd pairs on Binance Kraken.
Added ripple to compare.
Trade active: Did no sell on the bounce, just moved my buys lower on ETH.
I got some at 400 and I'll buy some at 350 and 300.
Comment: I don't think I can trade correctly with 1 gran account... I can't possibly go make 50$ buys... just so small...
If I use leverage as I did on bitmex I'll just liquidate 1 gran accounts over and over again XD
I need to find a minimum that satifies me and send that to Binance...
1k to 100k challenge not possible for me. SO LETS DO 5000 TO 5 MILLION MANMOOOODE LEVERAGE 6000

I think a 5k account would be enough.
Why am I making several accounts again? Oh yeah can't get MtGoxed that way.
Trade closed: stop reached: Got stopped at 405$, I could have set it higher but I was sleeping and idc about a few dolla $$XD
Wonder if I should make a separate post see how big I can grow this 1 gran acc.
Made 16.5$ XD Cool I can buy 1 meal.
Comment: Is this Minecraft?
Ye bounce hard at 300-350$ imo.
Comment: I moved my orders from 269 to 325$ fk it XD
And I'll probably move them again. All depends on BTC.
Don't think BTC bounces hard on 6k so I'll be looking at a lower level for a big bounce.
Don't want to go day trade for 5%ers while we're crashing, risk not worth it to me.
Comment: Aaaah Litecoin or ETH? LTC still lead bull and should bounce hard on 100$ shouldn't it?
But ETH kept going down and down it's ETH time to bouncy bounce!
Doesn't really matter tbh :p
"Buy total garbage down 99% when there is blood in the street because it cannot go much lower" - Drunk Buffet
"Mix up ignorance and leverage (every "hedge" fund in 2018) and you get pretty interesting results" - Also Buffet
MrRenev MohamedElzahed
@MohamedElzahed, Ye lol lots of profits to be made but you have to be available to trade it. That's why I trade BTC only while I'm away from my PC. Pretty scary.
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