ProjectSyndicate

ETHUSD W1: May re-test 840/860 USD / more losses(SL/TP)(NEW)

Short
COINBASE:ETHUSD   Ethereum / U.S. Dollar
ETHUSD W1: May re-test 840/860 USD / more losses(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect short-term
losses in this market.


🔸 Summary and potential trade setup
::: ETHUSD weekly chart review/outlook
::: re-tested ATH and dumped 20%
::: have to be careful going forward
::: upside limited from here short-term
::: expecting more downside short-term
::: SHORT INTO BOUNCE
::: TP is 840/860 USD
::: expecting re-test of 840/860 USD
::: sharp one day sell off not good
::: BULLS better wait for lower prices
::: before reloading for a BOUNCE
::: 840/860 USD nice reload for BULLS
::: short-term bearish / more downside
::: recommended strategy: SHORT RIPS
::: TP BEARS is 840/860 USD
::: overbought / so expecting correction
::: good luck traders!
::: SHORT IT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS
::: Sentiment outlook short-term: BEARS
FX/CRYPTO SCANNER/RESULTS/OVERVIEW/TELEGRAM
https://TAPLINK.CC/DARK000SOUL
BEFORE/AFTER ANALYSIS
https://THEPROJECTSYNDICATE.BLOGSPOT.COM/
CHANNEL TA/SIGNALS SL/TP
https://T.ME/THESYNDICATE001
DETAILED SCANNER RESULTS
https://TWITTER.COM/PRSYNDICATE001

Comments

I wait for eth 860
+2 Reply
@Mehran1969, +++++
+1 Reply
good setup man
+1 Reply
ProjectSyndicate DACapitalTrading
@DACapitalTrading, thank you buddy!
+1 Reply
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Starting from the 1st of the year on a 4 hour chart, ETH looks like it's in an upside down cup and handle. I assume that's a thing?
Reply
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