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sumastardon
Dec 6, 2017 6:17 PM

ETHUSD Testing resistance now - reverse long here Short

Ethereum / DollarBitfinex

Description

ETHUSD Reevrse Long here
If you got long as ETH came back to the support at 418 it's a
nice trade. But close out now and think about shorting here
with stops above 434...it's still vulnerable right now to
another big sell off back 410 and if this fails back to 385
where we should be looking to buy again with stops under 380
for rally to 410 where we sell again, if struck

Comment

This short was pretty good back to 410 from 433...low just above 410. Is anyone actually following or trading this? It's been sensational all day so far?

Comment

And if 385 should give way later on at any point it becomes another aggressive short back to 385 where look to go reverse long once more with stops 3 points below
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