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Lucron
Jul 24, 2020 5:14 AM

Short ETH Now! Long

Ethereum / TetherUSBinance

Description

Hey Everyone,

Now that I have your attention, I'd like to share some real analysis. Nobody is shorting anything haha

We've seen this price action before, probably a few years ago when BTCUSD would breakout, ETHUSD would be the clear winner.

We BLASTED through the $252 resistance and luckily our Trend Accelerator indicator called a Long before the breakout.
Our entry was at the signal's candle close, which was $244.79.
Immediately, a trailing stop was triggered - which acts as our safety net and also to protect any upside.

We're eyeing our first target a little below the next resistance: $283.88
Going to take half there and let the rest ride with our trailing stop.

If this is the beginning of an uptrend, our indicator will print plenty of Long opportunities in case we get stopped out.

What a time to be alive!

Happy trading and stay protective.

Lucron

BINANCE:ETHUSDT
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