ChartCrushers

ETHZ on Support?

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BITMEX:ETHZ19   None
Taking a long position here on BITMEX:ETHZ19. Bullish 4hr divergence, upticking histogram, potential macd bull cross looming, and with dominance possibly rejecting from the falling wedge makes me like this. Let's see how this plays out.
Most of all, please be sure to manage your risk properly. I recomend 5% positions, and no more than a 20% stoploss which comes to 1% risk on the account if you get stopped out. A trading strategy that does not involve risk management is not a situation I would ever recomment. Be careful. (This part is financial advice) ;-)

#ETH/Z19
Exchanges: Bitmex
Signal Type: Regular (Long)
Leverage: 5
Entry Zone: 2150-2175
Take-Profit Targets: 2215-2275-2350-2500-2700
Stop Targets: 2108
Risk: 15%
Rate: 2173
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