Elysian_Mind

Short 💥 End of Bullrun - Bulls Lose Their Life Savings

Short
Elysian_Mind Updated   
BITFINEX:ETHUSD   Ethereum
Short 💥 End of Bullrun - Bulls Lose Their Life Savings

"Take profit or lose it all."

🔴 KEY POINTS:
- Momentum pushed Price Action to Resistance Line (red line on the chart)
- Double Resistance: Here, the Resistance Line coincides with a Historic Resistance Area from historic tops (red area/zone on the chart)
- Next Support Zone (green area/zone on chart) is 1k below the current price

So, our AI thinks that ETH will crash to $1.7k.
Comment:
The idea's still valid.
The Price respects our resistances.
See our newest RELATED IDEA: "Short 🩸 Blood Bat Drinks Bull Blood"
Trade active:
Bitcoin Price Action hit resistance with volume and activated our trade:
Side: Short
Pair: ETH/USDT
Target Price: $1.7k
Stop Loss: $4k
Entry Price: $3k - $3.5k
Leverage: x10

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