Ethereum at Great level.
Ethereum is moving in a channel, since BTC is falling down in recent days, we can expect a move in the BTC and Alt coins.
Now we have two possibilities here, either stay in the channel or break it on the bull side.
Based on my trade setup I have opened short position at 4800 level for a target of 3715, stop loss on 4h candle closing above 3815 and will continue or reverse the positions at that point based on the momentum.
#ETH #BTC #CRYPTO
Now we have two possibilities here, either stay in the channel or break it on the bull side.
Based on my trade setup I have opened short position at 4800 level for a target of 3715, stop loss on 4h candle closing above 3815 and will continue or reverse the positions at that point based on the momentum.
#ETH #BTC #CRYPTO
Note
Short target achieved.. booked profit for half position. Now will wait for momentum and still my views are bearish for next 3-4 candle in 4h time frame.Trade closed manually
Ending this trade with overall profit of ~23%Will upload new entry soon!
Trade closed: target reached
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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.
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.