Ethereum (ETH) Expecting a retracement. Shorting it here.

Bitcoin has hit 3800, which was the original target. I closed all my Bitcoin longs at 3500 unfortunately, so I missed out on a lot of potential profit. Check out the successful and failed idea in the related section.

I will admit I hold a Bitcoin short around 3600, but it is a small position. I will add to it around here.

For now, Ethereum has hit heavy resistance. And so I am going to go heavy on an Ethereum short now. I am hoping for another liquidation spike so will wait a while.

Thanks for viewing! Anyone feel FOMO? I sure feel FOMO right now. Scared I'll miss out on a great short entry. Might come back to haunt me haha. A safer way to trade this would mean shorting it after confirmation.

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Here is eth and btc

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Trade still active. BTC sho

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Short filled 3870

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Ethereum short filled with 105 average entry price.

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Up 5%

Trade closed: stop reached:

Closed for no profit, stop loss hit

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This trade was a success but I choose not to close it because of my bias that a heavier retracement would come.

Ended up killing all my profits.