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ProjectSyndicate
May 26, 2022 11:56 AM

ETHBTC D4: BREAKDOWN / 35% DOWNSIDE REMAINS(NEW) Short

Ethereum / BitcoinBinance

Description

â‹…
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-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
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-24/7 uptime so constant updates

ETHBTC D4: BREAKDOWN / 35% DOWNSIDE REMAINS(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
previously recommended buying low.


🔸 Summary and potential trade setup
::: ETHBTC D4 chart review
::: S/R flipped from Support to Resistance MODE
::: structure broke down - expect more losses
::: upside limited from here / SHORT IT
::: Distribution in progress / BEARS
::: expecting limited upside short-term
::: ETHUSD will likely hit 1000/1200 USD
::: technically rising wedge broke down
::: 35%/40% gains on SELL SIDE
::: final TP BEARS is 1 000 USD (ETH USD)
::: no upside in this market now - expect losses
::: short-term BOUNCE possible / SHORT RIPS/RALLIES
::: currently risk/reward shifting in BEARS favor
::: nice setup for position traders
::: up to 30% gains possible on SELL SIDE
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP BEARS is +30% gains
::: details: see chart
::: FINAL TP is 1 000 USD BEARS (ETHUSD)
::: BEARS get ready to RESHORT from overhead
::: short-term play / BOUNCE now / WEAK MARKET
::: good luck traders!
::: SHORT/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: DUMP/WEAKNESS/BEARS/30% losses
::: Sentiment short-term: : DUMP/WEAKNESS/BEARS/more losses

RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Comments
Vibranium_Capital
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Nice plan
CobraVanguard
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fantastic brother!
DeGRAM
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Thank yo
Michael_Winner
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Nice one dear Eth/Btc chart, Thanks for sharing !
Rookxb8
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so I say the same thing a week ago before the dip and no one gives it damn
HAMED_AZ
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Good job
ProjectSyndicate
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@HAMED_AZ, ++++++
rb675
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Excellent work
ProjectSyndicate
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@rb675, perfect
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