When ETH was created, I was very sceptical on it. I was so into Bitcoin, that I looked at every new project like it was a scam. Now I love ETH and I believe that there are bright future of this crypto, thats why I'm holding it, just like few ohter cryptocurrencies.
But in this post I will write about my idea of current situation and my short-term plan to play on ETHBTC.
So at the beginning, ETH shows some strength. When most of crypto dropped a little, ETH keeps its price and even grow. So my next short term trade on it will be long. I'm planning to keep my position until price will reach long-term downtrend line. I hope ETH will cross it and look for new ATH, but to protect my trading capital I will quit position and watch how situation will develop.
But in this post I will write about my idea of current situation and my short-term plan to play on ETHBTC.
So at the beginning, ETH shows some strength. When most of crypto dropped a little, ETH keeps its price and even grow. So my next short term trade on it will be long. I'm planning to keep my position until price will reach long-term downtrend line. I hope ETH will cross it and look for new ATH, but to protect my trading capital I will quit position and watch how situation will develop.
Trade closed: stop reached:
Not yet. I will try long again soon.