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ETHUSD H8: SHORT IT! TP1 325 TP2 315 USD(SL/TP)(NEW)

Short
BITSTAMP:ETHUSD   Ethereum
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ETHUSD H8: SHORT IT! TP1 325 TP2 315 USD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: ETHUSD 8hour chart review/outlook
::: currently price is stuck in range
::: most likely: DISTRIBUTION
::: get ready to SHORT HIGH
::: get ready for BULL TRAP SETUP
::: later near 390 USD
::: that's where you want to SHORT IT
::: 380 USD range highs
::: 325 USD range lows
::: currently trading near range highs
::: shorting near range highs makes sense
::: short-term bullish / more upside
::: 390 USD heavy resistance / SHORT IT
::: TP BEARS is re-test of range lows
::: TP1 325 USD TP2 315 USD
::: recommended strategy: SHORT IT / SHORT rips/rallies
::: ENTRY NEAR 390 USD SL 410 USD TP (above)
::: correction not over yet
::: good luck traders!
::: SHORT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/315 USD
::: Sentiment outlook short-term: BULLS

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