1. Uptrend
2.Support
3. $2300 is Prior daily support could flip resistance- haven't reach there yet
4. Weekly bullish
I could go on and on drop in some random things I don't even use. Point is I think it's good risk to reward.
7 RR roughly from my entry at 2210 area. Stop at 2196
Target is at $2300 however I'll scale out 50% at $2274 given the trade goes in my direction.
Oh and Bitcoin is still bullish, still in that long trade so if it continues to 43k and if alts continue to correlate then expecting this trade to play out as well. I'll link my btc prior idea below for those interested.
2.Support
3. $2300 is Prior daily support could flip resistance- haven't reach there yet
4. Weekly bullish
I could go on and on drop in some random things I don't even use. Point is I think it's good risk to reward.
7 RR roughly from my entry at 2210 area. Stop at 2196
Target is at $2300 however I'll scale out 50% at $2274 given the trade goes in my direction.
Oh and Bitcoin is still bullish, still in that long trade so if it continues to 43k and if alts continue to correlate then expecting this trade to play out as well. I'll link my btc prior idea below for those interested.
Trade active:
I exited. Re entering with stop below 2191 level. Saw that fib 61.8 level is below my stop
Comment:
So I re entered splitting position in 2. 1 with conservative stop at 2190 and the other with tight stop at 2206. Overall still around 7RR up to $2300
Comment:
Got stopped late last night and re entered
Comment:
Took 50% profit on eth, might close end of the hour
Comment:
Took 50% tp on eth position entered at 2250
