Ethereum (ETH) Short and long setup. Preparing for next move.
Ethereum has broken through 198 causing us to long in the last trade, hitting our first target on Bitmex.
Currently price looks weak so we may have a short entry below 214.7. If price breaks a certain area, it signifies strength and triggers a long.
Short
207 USD
Stop loss:
215 USD
Long:
215 USD
Take profit:
222 USD
Thanks for viewing! Please view my past ideas in the related ideas section.
Currently price looks weak so we may have a short entry below 214.7. If price breaks a certain area, it signifies strength and triggers a long.
Short
207 USD
Stop loss:
215 USD
Long:
215 USD
Take profit:
222 USD
Thanks for viewing! Please view my past ideas in the related ideas section.
Giao dịch đang hoạt động:
Short is now active.
Bình luận:
When we hit 203, lock in some profits as we may rebound then. If we make a weak rally, you may add to your short position.
Bình luận:
If price can move above 215, close shorts and flip long. In theory we should keep breaking the bear fractals.
If price can move above 215, close shorts and flip long. In theory we should keep breaking the bear fractals.
Bình luận:
Looks like forced demand on Bitcoin due to the curve down. The Eth fractals also seem to point down, so if you want to enter, a short would be fine.
Do not enter long here until we see strength.
Looks like forced demand on Bitcoin due to the curve down. The Eth fractals also seem to point down, so if you want to enter, a short would be fine.
Do not enter long here until we see strength.
Bình luận:
Low chance of descending channel
Low chance of descending channel
Bình luận:
So far trade is doing well.
So far trade is doing well.
Bình luận:
This looks bullish now. Rally upwards may be soon. I will switch long if we do not break the bear fractals and break the bull fractal.
This looks bullish now. Rally upwards may be soon. I will switch long if we do not break the bear fractals and break the bull fractal.
Bình luận:
Price should not go below 207, wait for 210 to buy in.
Bình luận:
ETh price didn't hold 210, short still active.
Đóng lệnh: đạt mục tiêu:
203 reached, set take profit slightly above in case of rebound
Bình luận:
I believe 187 will be reached eventually.
Giao dịch đang hoạt động:
New chart will be updated soon when I have time
Bình luận:
Please follow me to receive updates as I post them. Most my trades finish within 24 hours and I may switch my position depending on price action.
If you want access to some private charts like this one, just message me
If you want access to some private charts like this one, just message me
Bình luận:
The BTC dump triggered stop losses allowing liquidity to long while the pump did the same and allowed them to exit/short.
This is why the ETF will not be approved due to the low volume that allows for manipulation.
This is why the ETF will not be approved due to the low volume that allows for manipulation.
Bình luận:
Either way we have set a take profit and have secured the gain with small slippage.
Bình luận:
As Ethereum is influenced by Bitcoin, if Bitcoin rallies to 6900, I expect an Ethereum near 232.
Keep in mind Ethereum had its top many days before Bitcoin did and I fully expect the top to be 220-232.
As Ethereum is influenced by Bitcoin, if Bitcoin rallies to 6900, I expect an Ethereum near 232.
Keep in mind Ethereum had its top many days before Bitcoin did and I fully expect the top to be 220-232.
Bình luận:
Possible new setup I am looking into.
Possible new setup I am looking into.
