Traders,
Though my timing was a few days off, our short trades from last week all ended up in the profit as expected. Because I tightened my stops as my trades went green, I didn’t actually reach the take profit target that was first set, but that is okay. Profit is profit. And if you didn’t adjust your stops like I did, then you should have hit your targets down.
Now, we go long again. Yep, I know, I am doing exactly the opposite of the majority sentiment. Seems to be working though right? I went long when everyone was bearish. Then the market became bullish and I shorted into the weekend. Now the market is bearish again. So, we go long. I have purchased 2 Ethereum via spot and will probably simply hold them for a while. I will repost once I sell. But for you I have given multiple options for your targets below. Your choice.
Position = ETH LONG
Entry = 1519
Stop Loss = <1400
Take Profit(s) = 1650, 1775, 2000
Risk/Reward = Depends on TP
Leverage = NONE
Profit Potential = Up to 35%