Just entered a scalp #eth short.
I think this will likely be the final leg down. Before continuation to the upside resuming the monthly uptrend.
We could spike a bit lower than $2000 but that area is where you want to definitely buy the dip if you're an investor.
I think this will likely be the final leg down. Before continuation to the upside resuming the monthly uptrend.
We could spike a bit lower than $2000 but that area is where you want to definitely buy the dip if you're an investor.
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Zoomed out to the monthly
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Updated my targets from $2000 to what you see my my chart.I think #bitcoin will hit my long term target of 45k i mentioned the other day. If so eth correlation will likely cause its price to fall below $2000.
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just reposition eth short, got stopped not too long ago. Monitoring closely though. Will close out early if neededNote
closed eth short at BE. watching for $2500 for possibly re entry Note
Repositionted short again.
Stop $2531 or higher if anyone following this idea closely
Trade closed: stop reached
Got stopped. I'm still bias to the downside but I need to wait for more confirmation
Trade active
Just re-entered #eth short. Another attempt.Stop $2611 or a bit higher
If market doesn't close back below $2500 by 8 am est roughly might close and wait some more.
#ethusdt #ethereum #ethereumetf
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Close eth around BE. Waiting some more before considering reentry
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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.