Ethereum - Short Term Sell Trade Update!!!Hi Traders, on April 8th I shared this idea "Ethereum - Expecting Retraces Before Prior Continuation Lower"
I expected retraces and further continuation lower until the two Fibonacci resistance zones hold. You can read the full post using the link above.
The bearish move delivered, as expected!!!
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Ethereumsell
Ethereum - Expecting Retraces Before Prior Continuation LowerH1 - Bearish trend pattern in the form of lower highs, lower lows structure.
Strong bearish momentum
Lower lows on the moving averages of the MACD indicator.
Expecting retraces and further continuation lower until the two Fibonacci resistance zones hold.
If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀
--------------------------------------------------------------------------------------------------------------------
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Trading opportunity for ETHUSDT - EthereumBased on technical factors there is a short position in :
📊 ETHUSDT Ethereum
🔴 Short Now 1526.10
🧯 Stop loss 1650.00
🏹 Target 1 1350.00
🏹 Target 2 1200.00
🏹 Target 3 950.00
💸Capital : 1%
We hope it is profitable for you ❤️
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ETHEREUM - Tracking Minor Waves - Sell High and Buy LowThis is what I am going to do in this instance.
When we hit the .618 retracement price of $1778 I will sell.
When price goes down to the $1175 I will re-buy.
This is a measured move using the length of Wave (A).
See related idea linked below.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
ETHEREUM SELL SIGNALHey tradomaniacs,
welcome to another free trade-plan .
Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
Market-Sell: 235,00
Stop-Loss: 243,40
Target 1: 227,50
Target 2: 222,95
Target 3: 215,75
Risk-Reward: 2,31
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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