Greenhill

ETH wants to pullback !! Long closed! First ETH short of 2017!

做空
POLONIEX:ETHBTC   以太坊/比特币
Market totally Exhausted. big chance of a pullback here.

I closed my long today, i been longing ETH for the last 3 months during the 2017 reversal.

i think we will see our first major pullback here to allow some fresh money & take out some fomo longs.

Open - 2430

target one - 2050

target two - 1850

Stop - 2700

As always with all altcoin trading we will be reviewing our position in trade, these markets are very small with liquidity & orderbooks very thin.

As we are trading against the longer trend here the position size will be fairly small. Fund management is essential, always protect your bankroll.

Good luck all
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