In a previous article, I talked about my short trade on Ethereum Classic, with a target at $15: Ethereum Classic (ETC) Technical Analysis 31 July 2018 - Good Chance to Sell.
Well...
The price hit exactly $15 ($14.95) and then went back!
A very accurate trade that gave me a nice +2.76%.
Indicators still suggest to sell, although I would wait for a better price.
Legal Disclaimer: Any material or information in this article is general educational material and you will not hold anybody responsible for loss or damages that may result from the content provided here.
Trading has large potential rewards but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in any Financial market. This article is neither a solicitation nor an offer to buy/sell any financial instrument.
Trading carries a high level of risk, and may not be suitable for all investors. Before deciding to invest, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading, and seek advice from an independent financial advisor if you have any doubts.
Past performance is not indicative of future results.
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