Binaryless

Linguistic Fractal Study of $ETH

Long
Binaryless Updated   
BITMEX:ETHUSD   None
We are in purple times.

My entry is around $157. Targeting $210, SL at 154.

Previous idea here;
Trade active:
I'm willing to add to my position between 168-170.
Trade active:
I'm going a bit greedy and adding %20 more to my position around $172

Trade closed: target reached:
BTC feels toppy.
I closed my positions at $192.
Willing to relong between $175 - $185.
Trade active:
Re-opened around $195 area. I'll keep adding watching pullbacks.

Target is now +$250
Comment:
I've been playing with trend-lines to define fractal price action. According to this interpretation, $ETH is about to lift off.

My current entry is at $201 atm. Layered orders from $188 to $203. If we break out this channel before my orders are filled. I'll consider market buying. Planning to take some profit at $255.

Trade closed: target reached:
Closed position at $255.

Planning to re-enter longs between $180 - $220, let's see how PA develops.
Comment:
ETH doing its break-out dance again. The moves looks pretty similar to $150 - $170 PA. I layered my bids between $230 and $200.

Comment:
I did not get filled in the purple box, still started to build a long position between $250 to $270 area.

BTC sentiment is too concerny, afraid of & expecting a correction, I am betting on more upside here.

Trade active:
I ended up bag-holding but I am confident that we are in a bull market so did not quit the position I built between $250 & $270 area, averaging around $160. Increased my position incrementally through this what I believe to be final pahse of Ether breakout dance.

We'll probably have our next leg up in 1-2 weeks. Let's see ^^

Trade active:
It's purple times again. Targetin $320.

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