EthereumShort
Back in crypto & ETH has some nice ranges
Updated
I'm back in leverage trading after being inactive for like 6 months. I logged in and saw a lot of new ideas on BTC, ETH, XRP. All still following the same old flag patterns, trend lines, h&s and other patterns that match a crazy volatile bull market, but why use it in a bear market? If I had countertride every bullflag I woul've made more money that following those patterns.
That being said, I'm watching these s/r zones to range trade on ETH. Working out pretty well. Long on support, short on resistance or don't trade at all. Bear in mind; these are indicating s/r zones. they may stand or fail. Like it's looking to fail support @132. Heading towards 125.
My trade
- Shorted eth on 137 (was a bit too late)
- Exiting at around 125
That being said, I'm watching these s/r zones to range trade on ETH. Working out pretty well. Long on support, short on resistance or don't trade at all. Bear in mind; these are indicating s/r zones. they may stand or fail. Like it's looking to fail support @132. Heading towards 125.
My trade
- Shorted eth on 137 (was a bit too late)
- Exiting at around 125
Note
Closed! Wanna watch how the daily closes. Actually expected a strong bounce. 115 is a much reachable target than 140. I'm bearish, but we'll see how this thing goes down.
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