I am in this trade short @
214.39
214.85
215.07
215.26
215.26
Entered my Short positions where btc capped off around $1040, I think we might see a continuation in downward trend if it breaks through the area I've outlined. MACD shows selling pressure in 33 minute & hour. We will see if it breaks support.
214.39
214.85
215.07
215.26
215.26
Entered my Short positions where btc capped off around $1040, I think we might see a continuation in downward trend if it breaks through the area I've outlined. MACD shows selling pressure in 33 minute & hour. We will see if it breaks support.
Trade active
We are still seeing the downwards trend. Also, a very shallow but growing MACD selling pressure on the 11 minute and 33 minute. If bitcoin breaks its support @ 987-0, we will see eth drop as well below 211.34.Trade active
Trade active
Looks like we have a reversal for the downsideTrade closed: target reached
Who is ready for that dance drop?Note
Getting close for some extraNote
We are almost in the final phase of this drop to macd lows. i outlined the most likely points of bottoming, there is a third and fourth line not scene, but at least the second level will be hit.Trade closed: target reached
Note
Apologies, here is the edited with the macd levels I was mentioning.
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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.