It's basic stuff.
If market wants to continue then, this is a good place to long with good enough stop around 2230 area.
If decides to correct deeper no problem, stop is there. Risk is managed...What? You think am a go all in :), jokes on you.
I have .5% risk on this on 2 funded accts . On personal account like 10% isolated 55x leverage ....Hey if bitcoin looks like it wants to go 48k, Eth is not gonna sit around, I can afford to risk 10% on a smaller account and still be in profit, might not be the same for you, proceed with caution.
The higher timeframe looks good as well, last 4hr close decent- not exactly clearing 2275 but it's alright and we came back to test 2250 with a bit of reaction, there's also fib 38.2 level there.
Let's get it!
If market wants to continue then, this is a good place to long with good enough stop around 2230 area.
If decides to correct deeper no problem, stop is there. Risk is managed...What? You think am a go all in :), jokes on you.
I have .5% risk on this on 2 funded accts . On personal account like 10% isolated 55x leverage ....Hey if bitcoin looks like it wants to go 48k, Eth is not gonna sit around, I can afford to risk 10% on a smaller account and still be in profit, might not be the same for you, proceed with caution.
The higher timeframe looks good as well, last 4hr close decent- not exactly clearing 2275 but it's alright and we came back to test 2250 with a bit of reaction, there's also fib 38.2 level there.
Let's get it!
Comment:
Got clipped on Eth position earlier. Just barely. Re entered half size. Will add when get more confirmations
Comment:
added full size on hour close
Comment:
had close eth position 75% of full trade earlier. Just added new positions split in two. First tp $2450, $2500 . Entries at 2383,2241. Stop around 2364
