Ethereum (ETH) Expecting a retracement. Shorting it here.
Diupdate
Bitcoin has hit 3800, which was the original target. I closed all my Bitcoin longs at 3500 unfortunately, so I missed out on a lot of potential profit. Check out the successful and failed idea in the related section.
I will admit I hold a Bitcoin short around 3600, but it is a small position. I will add to it around here.
For now, Ethereum has hit heavy resistance. And so I am going to go heavy on an Ethereum short now. I am hoping for another liquidation spike so will wait a while.
Thanks for viewing! Anyone feel FOMO? I sure feel FOMO right now. Scared I'll miss out on a great short entry. Might come back to haunt me haha. A safer way to trade this would mean shorting it after confirmation.
I will admit I hold a Bitcoin short around 3600, but it is a small position. I will add to it around here.
For now, Ethereum has hit heavy resistance. And so I am going to go heavy on an Ethereum short now. I am hoping for another liquidation spike so will wait a while.
Thanks for viewing! Anyone feel FOMO? I sure feel FOMO right now. Scared I'll miss out on a great short entry. Might come back to haunt me haha. A safer way to trade this would mean shorting it after confirmation.
Catatan
Here is eth and btc
Catatan
Trade still active. BTC shoCatatan
Short filled 3870Catatan
Ethereum short filled with 105 average entry price.Catatan
Up 5%
Trading ditutup: stop tercapai
Closed for no profit, stop loss hitCatatan
This trade was a success but I choose not to close it because of my bias that a heavier retracement would come.Ended up killing all my profits.
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