ETH Short Position
Looking for a sell off correlated with the ETH Merge. Also exhaustion on a market run and a correction even if near term on BTC. Both of these FA factors should paint the charts with a short Entry. Targets for Eth to drop as low as $1200 opening a short position in the Red Box between 1800 and 2000.
NFA Be careful. Look for updates and market changes.
NFA Be careful. Look for updates and market changes.
Note
Lost steam Look for Entry in the redbox or look for the market as a whole to correct correlated with the ETH migration and open the short based on confirmed downtrend. NFANote
This trade setup is invalidated atm. Needs rechartedNote
Could get a swing low and then ascend for a bit in a range of new trade to go long.
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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.