ForeverOnline

ETHUSD - SHORT!

Short
ForeverOnline Updated   
BITFINEX:ETHUSD   Ethereum
I am building a short between $220 and $228
Dont follow me blindly! Im just sharing what i'm doing atm

Reason for shorting is 228 is a strong resistance point.
The relief rally seems to stop at this level
BTC is looking weak
Comment:
Ascending grindline is broken
I'm expecting a strong move following today
Comment:
:)
Comment:
I took some profit on 195
$195 (weekly support) is currently showing support but..
We might go to $178 (head and shoulders target)

Comment:
Bear Flag is forming
Looking for a break-out..
I have reshorted a bit at $199
Trade closed: stop reached:
Nasty wick got my stopped out.
Still ended up with huge profit.

Sidelined for now
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.