nixholas

ETH: Finding the retracement

Short
nixholas Updated   
FTX:ETHPERP   Ethereum Perpetual Futures
Overbought. Looking for a healthy retracement towards 1.45k

I believe in overall that Ethereum is still here to stay of course, just that the short demographics of it being bullish is no longer true until it does a healthy downside momentum before it tests for new highs again.
Trade active
Comment:
This might extend up to 1880. Let's see how this pans out. But if i'm not wrong, short term top is most definitely here.
Comment:
Halfway there. Closing half to take back my initial.
Trade closed: target reached

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