JayJJ

ETHUSDT - SELL (Reached the SUPPLY Zone)

Short
JayJJ Updated   
BINANCE:ETHUSDT   Ethereum / TetherUS
We reached the previous breakdown price and with the increase in volume signifies that there are some distribution across 220-210. At this level, we are looking at a fairly low risk trade with the potential for swing trade down.

I will be SELLING at 2 levels.

First SELL position: 211-208
Second SELL position: if price < 190
Trade active:
SELL still in place. Looking forward for it to break below 194 and I will setup my second position.

Current profit: +6%
Trade active:
Amaze on how well 194 is supported but im still holding and sticking with the trading plan.

Stop Loss: Price > 230
Trade active:
Trade is still active and currently holding on to 10% profit, will be adding to the SELL position if the price closed below 190 today.
Trade active:
Added to my short position at 188.

Going to reach my 1st TP around 171 where I will close around 80% of my position.
Trade active:
I will be closing 50% of my position at 188 if the daily close at 188, had a strong bounce where the price hit 176 and a little shy of our target of 171. We notice a spring had formed on the hourly.
Trade closed manually
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