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peterbokma
Aug 8, 2022 8:21 AM

ETHBTC-SELL strategy Short

Ethereum / BitcoinBinance

Description

the current pattern is a false bull flag, and this does not bode well usually. The top of the flag is 0.0787 area and the support 0.0715 right now. The stochastic RSI is negative, and this adds to the believe we will see lower again.

Strategy SELL @ 0.0725-0.0730 and take profit near 0.0630. Place stop if desired @ 0.0790 for now.
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