EthereumShort
ETH/USD Looks like the bears are indeed back in town
Position: Bearish. Waiting for a buying opportunity.
I mean, my last ETH call was DEAD on. We had every indicator pointing down, and BAM. Down it went. It formed a head and shoulders and reacted perfectly off that 800 level for a bounce up.
So here's the worry when analyzing POTENTIAL risk, if that ABCD pattern holds true, we are going down to that $400 level. On the bull side, we need a break of 900 and a break of $1,000 for continuation to the upside.
Bottom line, be wary! Martingale in your buys, best way to do it!
-Sherem
Check out my last call! -
I mean, my last ETH call was DEAD on. We had every indicator pointing down, and BAM. Down it went. It formed a head and shoulders and reacted perfectly off that 800 level for a bounce up.
So here's the worry when analyzing POTENTIAL risk, if that ABCD pattern holds true, we are going down to that $400 level. On the bull side, we need a break of 900 and a break of $1,000 for continuation to the upside.
Bottom line, be wary! Martingale in your buys, best way to do it!
-Sherem
Check out my last call! -
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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.