Short term trading idea: Ethereum Classic
已更新
Hello crypto traders,
Currently the cryptomarket seems to trend sideways. It's pretty hard to trade a market with leverage when there isn't any form of volatility so we will do something different today. Our eye fell on ETC while we were scanning the market. The market is currently in a corrective ABC bounce. Although there are some indications that we finished that bounce, we still think that we will have one more push higher to the 4,45 - 4,51 zone.
We entered a position @ 4,3193 and placed a stop just beneath 4,2871. A fourth wave can't retrace below the first wave so a move beneath that level would invalidate the count. There isn't much room for error in this trade but that's ok. We actually love these setups! We are risking 0,75% to gain 3,10%. That are pretty good odds if you ask us!
Happy trading!
Currently the cryptomarket seems to trend sideways. It's pretty hard to trade a market with leverage when there isn't any form of volatility so we will do something different today. Our eye fell on ETC while we were scanning the market. The market is currently in a corrective ABC bounce. Although there are some indications that we finished that bounce, we still think that we will have one more push higher to the 4,45 - 4,51 zone.
We entered a position @ 4,3193 and placed a stop just beneath 4,2871. A fourth wave can't retrace below the first wave so a move beneath that level would invalidate the count. There isn't much room for error in this trade but that's ok. We actually love these setups! We are risking 0,75% to gain 3,10%. That are pretty good odds if you ask us!
Happy trading!
注释
Stoploss got hit. Well that can happen in trading. We search for the best setups possible so we lost only a tiny fraction of our portfolio!
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。