morning!
tried shorting eth last night & this morning it flipped my level into support, where i exited at breakeven.
i could build one more potential case for this as a w-x-y flat correction for the primary wave 2 of the wave that had begun back in the summer time.
this would be extremely bullish if this is indeed the case.
it's also 100% possible that the bottom is in, but something tells me it's not (yet).
willing to attempt to short eth one last time in my red box, between 4659~4700 with a stop at the previous highs.
downside target would be pretty much near the local bottom of the previous drop, since this would be a flat correction & nothing more.
🔨: 4658
tp: 3900