crocotrading

Good risk-reward long position for Ether

Long
BITFINEX:ETHUSD   Ethereum
My trading strategy is closely related to the fact that I have a bullish bias. The bullish bias doesn’t mean I am ready to buy any price for ether but rather that I am trying to find the best entry for my longs in terms of risk-reward. It is a decent price to buy ethers from a risk-reward perspective. If you want to be more “agressive”, you could even set a higher stop loss that the one drawn on the chart above. A stop loss few dollars under the $100 would be totally conceivable.

You can find the details of my analysis on my website -> crocotrading dot com
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.