Ethereum (ETHSD) Closed ETH long for over 10% profit. Now short.

The last trade I longed ETH and ETHBTC for over 10% return. ETH actually had a 19% pump, verifying my prediction that an ETHUSD long would be better than a BTC one. Check out that idea in the related section.

Now that it has hit resistance, I will be shorting. I believe Bitcoin will break down to test 3700, so an ETHUSD short will outperform a BTCUSD one.

Thanks for viewing!

Kommentar:

Will close short when BTC reaches 3700.

Trade geschlossen: Ziel wurde erreicht:

BTC short closed for >4%, ETH short closed for just 2%.

BTC hit 3700, which was the reason I closed ETH.