Some targets for short trade before ETH is back on it's way up again.
Comment:
The 20 Day EMA has crossed below the 100 Day EMA. Further dumps will occur if the 50 Day EMA crosses below the 100 and 200 Day EMAs.
Comment:
✅ TARGETS 1 & 2
Comment:
Some bearish signs to note:
1) 4 Hour Chart: 50 Day EMA has dropped below 100 Day EMA.
2) 4 Hour Chart: 20 Day EMA has dropped below 200 Day EMA.
Further drops expected to target 3 area, possibly lower well in to support area.
1) 4 Hour Chart: 50 Day EMA has dropped below 100 Day EMA.
2) 4 Hour Chart: 20 Day EMA has dropped below 200 Day EMA.
Further drops expected to target 3 area, possibly lower well in to support area.
Comment:
Daily Chart: 20 EMA rejected by 200 EMA.
Continuing to short until Target 3 or until reversal of trend then the trade will be closed manually.
Continuing to short until Target 3 or until reversal of trend then the trade will be closed manually.
Comment:
4 Hour Chart: Bear Flag + Death Cross is looming.
We should hit 3rd Target soon because 4 Hour Chart is running out of gas.
We should hit 3rd Target soon because 4 Hour Chart is running out of gas.
Trade closed: stop reached:
Stop Loss triggered at Target 2.
Comment:
✅ TARGET 3
