ETH/BTC Trade using FSBGB

• Start cost-averaging in (0.5% of trading stake) below 0.02 BTC/ETH
  
• Exit with stop-loss at 0.0184 BTC/ETH
  
• Target = 0.33 BTC/ETH
  

Bình luận:

If stop-loss exit triggered at 0.0184, next targeted attempt to re-enter is perhaps at 0.0153 BTC/ETH (need to re-assess if and when the time comes).

Not a financial advice. Just a personal trading log.

Bình luận:

Lowered my buy-in point down to 0.0152 BTC instead (i.e. 0.618 fib-level).
Stop-loss at 0.0127 BTC

Bình luận:

Above adjustment based on latest ETH/BTC development.

Bình luận:

Just realised ETH stop-limit buy (set 10 days ago) was triggered! Price fell just under target and bounced! =) BTC looks bearish though, even though BTC dominance looks bullish for altcoins (50/200DMA death cross on the 1hr chart). Stop-loss set to exit into tether to protect gains.