Eloquent

eth - bearish backtest?

BITSTAMP:ETHUSD   Ethereum
this trendline has held as support since last year, after the covid crash took place.

we bounced off it quite a few times, until tonight when we broke below it for the very first time.

will this be a bearish backtest \ continuation for a deeper drop?

or is this just a trap?

i caught a short near 4k, and i dont intend on selling this unless the market gives me a reason to.

full moon is on the 18th, that's around the time i'll be looking to take long positions,

till then - i'm riding this down.


Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.