Cryptokingpin92

ETH PLAY

Short
Cryptokingpin92 Updated   
BYBIT:ETHUSD   None
Support flipped resistance, now backing testing old support as new resistance. Price is seeing rejection at this level,
adding confluence is the 61.8 Fib Zone.
Trade triggered at $236.90 (50% of intended position)
More sells orders at $237 - $238
SL : $240.50
Let's see
Comment:
SL moved to break even
Clean hourly close above $234 and i'll probably close earlier
Comment:
*Correction: $235*
Comment:
Closed on the hourly close, price may retest $236.XX - $238.XX and head lower. I'll only flip long unless we get a clean break above the aforementioned level and confirm it as support

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.