Ethereum
Short
Updated

Ethereum (ETHSD) Closed ETH long for over 10% profit. Now short.

874
The last trade I longed ETH and ETHBTC for over 10% return. ETH actually had a 19% pump, verifying my prediction that an ETHUSD long would be better than a BTC one. Check out that idea in the related section.

Now that it has hit resistance, I will be shorting. I believe Bitcoin will break down to test 3700, so an ETHUSD short will outperform a BTCUSD one.

Thanks for viewing!
Note
Will close short when BTC reaches 3700.
Trade closed: target reached
BTC short closed for >4%, ETH short closed for just 2%.

BTC hit 3700, which was the reason I closed ETH.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.