Nevermorejk

ETC

Lång
Nevermorejk Uppdaterad   
BITFINEX:ETCUSD   Ethereum Classic
Was looking for re-entry near $6. So I am taking these trades. First one filled.

These are my personal trading journals. This is not financial advice. These are provided for educational purposes only.
Kommentera:
Additional orders filled today at 5.76

Bounce on hourly and intraday time frame looks likely, but will watch closely now for bearish signs. Might exit for a quick profit within days and reenter lower, if no strong bullish reaction develops from this low.

Kommentera:
I entered too soon on this one, but am still in the trade. Weekly closed above weekly support (orange) and the price has been bouncing around the daily OB/breakout zone. watching closely this week for possible bearish signs and reasons to close out and reopen with a better setup.

Kommentera:
But looking good for a possible bullish reversal from the recent low
Kommentera:
Still in the trade, avg entry is grey horizontal. Nice reaction from lows so far, tracking BTC movement, but more slowly.

Kommentera:
6hr looks good and is trending bullish again finally.

Kommentera:
Still looking good overall. Trending bullish on all higher time frames. Looking to hold my position for now.

Have my first TP above $11 which will give me a 2x on this position.

Will monitor in case I need to exit sooner.

Kommentera:
Fully out of this trade again. All sell orders executed above 8.25. Have not calculated profit and avg exit yet.

Over 40% profit on the trade overall with potential to capture up to 74% thus far.

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