[TRADE] Ethereum Short Position For The Next Leg-Down
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Hello everyone, this is a trade that I'm placing in the market using a limit order (sell/short). This position is leveraged. Therefore, I want to have a tight stop-loss and a precise period of time to be in this position. This trade is based on the primary direction of the market, which is a downwards trend. So I'm expecting the "surprises" to happen in the direction of the trend. But I don't want to time the market - I'll work with another limit order once the trade is activated.
Sell: 1870
Stop Loss: 1930
Target: 1670
Leverage: 3x
Return: ~30%
If you want to know where I trade this, check out the stuff below 👇
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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.