ETH Analysis and My Trade Setup - November 10, 2017

in #ethereum7 years ago

For last couple of days, ETH price is going up from $287 zone which I marked in the chart with Blue Zone.

Daily Ethereum Analysis.png

Currently the price is falling after reaching $328 last day. As it is loosing upward momentum, I'm going to buy some ETH at 290 level.

And my target is $320 level. So, i'm focusing around 10% profit in this trade.

I'm not placing any stop loss, rather I'd buy more if the price falls and thats gonna be long term trade. But within short term 10% profit is not that bad right? :D

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