1) Great climb into all-time highs! We caught this 24% move as seen below in the link "BTC and the weekend pump"
2) Price consolidated into a trading range
3) Retests of the highs went nowhere
4) Softness in the lows signals some more downside. I'm already short in ETHUSDT and caught a 5% move, check "ETHUSDT short"
Target: open
Entry: 22.8K - 23.4K
Stop: $950 above entry
2020 stats on this trade type:
69 trades
38% win rate
1.6 profit ratio
2) Price consolidated into a trading range
3) Retests of the highs went nowhere
4) Softness in the lows signals some more downside. I'm already short in ETHUSDT and caught a 5% move, check "ETHUSDT short"
Target: open
Entry: 22.8K - 23.4K
Stop: $950 above entry
2020 stats on this trade type:
69 trades
38% win rate
1.6 profit ratio
Note
Meh. Slightly underwater on the trade, but sticking with it. If you're short here, you're likely earning funding which is a solid bonus. There'll probably be little movement over the holidays until the near year.Trade closed: stop reached
Stopped out. Can't stop this bull market, I guess!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.