foolsbookie
Long

ETHXBT long position

KRAKEN:ETHXBT   ETH / XBT
The big time frame Elliot wave count shows that we should be bouncing off to our third wave in this count on the daily bar chart. There was a five wave downward count on wave two and my calculations show that this should have ended between 0.028 and 0.031 ETHXBT . With this value completed and daily candlestick looking to close above it, I believe ETHXBT could become a good long from now. I have opened longs from 0.03079.

This is not financial advise and do not follow it blindly. Please #DYOR and let trading be fun. Also, I am an absolute newbie on ETHXBT .

Comments

I have had to close this position with a 15% loss. bad bad Elliot Wave
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This is aging well so far.
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