"SHORT" Trade set up for ETHUSD, Ethereum
Updated
PLAN
-Price should hold support at 1157 then pump up to test 1240 region, since it has been a strong resistance previously.
-If no 1hr or 4hr candle closing above 1278, then short from there to Take Profit at:
Take Profit 1: 1212
Take Profit 2: 1191
Take Profit 3: 1157
Take Profit 4: 1110.87
INFO
- Once you reach your Take Profit 1 and wanna go for Take Profit 2, please put a stop loss at a small profit from entry. If from TP2 to TP3, put stop loss at previous take profit.
-These are dips where Institutional Investors will buy for HODLING.
- Be aware of the stop loss price and the next resistance if the price continues pumping up.
- If Price does not reach the 1240 price region, and starts to reflect and go down. Either the price can consolidate or continue going down. Keep and eye on the Support Resistances of the Smaller timeframe candles.
Signing off,
THECRYPTONIZER
-Price should hold support at 1157 then pump up to test 1240 region, since it has been a strong resistance previously.
-If no 1hr or 4hr candle closing above 1278, then short from there to Take Profit at:
Take Profit 1: 1212
Take Profit 2: 1191
Take Profit 3: 1157
Take Profit 4: 1110.87
INFO
- Once you reach your Take Profit 1 and wanna go for Take Profit 2, please put a stop loss at a small profit from entry. If from TP2 to TP3, put stop loss at previous take profit.
-These are dips where Institutional Investors will buy for HODLING.
- Be aware of the stop loss price and the next resistance if the price continues pumping up.
- If Price does not reach the 1240 price region, and starts to reflect and go down. Either the price can consolidate or continue going down. Keep and eye on the Support Resistances of the Smaller timeframe candles.
Signing off,
THECRYPTONIZER
Trade closed: target reached
Yup that was a 1033% profit for us hitting all our targets.
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