ETHUSDT - SELL (Reached the SUPPLY Zone)

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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

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تم فتح الصفقة

SELL still in place. Looking forward for it to break below 194 and I will setup my second position.

Current profit: +6%

٥ مايو ٢٠٢٠

تم فتح الصفقة

Amaze on how well 194 is supported but im still holding and sticking with the trading plan.

Stop Loss: Price > 230

١٠ مايو ٢٠٢٠

تم فتح الصفقة

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.

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تم فتح الصفقة

Added to my short position at 188.

Going to reach my 1st TP around 171 where I will close around 80% of my position.

١١ مايو ٢٠٢٠

تم فتح الصفقة

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.

٢٧ مايو ٢٠٢٠

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