deanbyronbay

ETH pre fork sell off - buying opportunity

Long
deanbyronbay Updated   
BITFINEX:ETHUSD   Ethereum
ETH has slipped below support on my chart - but being oversold is run of the mill for tokens.
Seems to be stabilising now.
Wondering if ETH is a safe haven during forking BTC BCash tumult
Comment:
Success! this was a profitable trade and well timed.
Now looking for next entry in newly formed uptrend.
220 level setting up as next pivot point = previous resistance level now acting as support.
Trade active:
220 level are saw prices trade sideways for a number of days before breaking out and up on August 5 yesterday.
My next target is below resistance at 300 so I will start closing out trade above 290.
Current price is 260 with newly formed support at 244.
244 can be used for updated stop level.
Trade active:
Still in trade. Resistance at 275.
Round number resistance at 300.
I will hodl to next resistance level at 320 to close trade?
Trade closed: target reached:
Trade closed at 308 after failed to reach 320. Stalled at 314 and then started to fall. Closed trade. Profit banked.
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