Longer term ETH downtrend seems to be exhausting. My quant strat is saying that we might get a trend reversal at 0.0095, which is a moving target in my strat based on price action.
Based on TA, ETH price is at the top of downtrend line, if this breaks up, both TA and my quant strat confirm a trade - long. Historically i had profit factor of 5. so i am looking forward for break out.
if price reverses below 0.008, then we might stay in downtrend channel. i do not take short positions in alts except for bitcoin. Altcoin liquidity is too tiny.
Based on TA, ETH price is at the top of downtrend line, if this breaks up, both TA and my quant strat confirm a trade - long. Historically i had profit factor of 5. so i am looking forward for break out.
if price reverses below 0.008, then we might stay in downtrend channel. i do not take short positions in alts except for bitcoin. Altcoin liquidity is too tiny.
Giao dịch đang hoạt động:
guys, we got the signal. 1/3 of position is in!
Bình luận:
we add 1/3 to our current position.
Giao dịch đang hoạt động:
we add final 1/3 to our position. now we wait. our stops are at 0.008. this is a trailing stop which will change as price moves. will update once it changes.
Bình luận:
trade is working well. we change our stop to 0.0093
Bình luận:
daily price close below 0.01122 will trigger our stops. at this price we would take profits.
Giao dịch được đóng thủ công:
algo says to close the trade at 0.0115. we close all our positions in ETH.
