Looking at higher timeframes this still might be a bear trend correction before retesting $134 once more, if trendline is broken I will cancel trade and wait for some confirmation(in case of fakeout) before going long. Broke the cloud so we can expect at least some edge 2 edge on the way to the trendline, I'll try to update.
Trade active
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Couldn't sell at 215, so I'm shorting at 209.
Order cancelled
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ETH still bullish, passed my entry point and I had to cut the losses. Will be looking forward for short entry.
Comment
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shorting entry point reached, price going towards the cloud on the 2https://h.https://www.tradingview.com/x/UlbOL6CL/
Trade closed: target reached
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looks like a bounce at 188, so I'm closing my trade at $193
I think, right now, is a good opportunity to place your shorts :) But it won't nose dive though, so close shorts on bounces and create new positions on the correcting jumps that bullish traders will create ;)
Spidey
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@katakito, couldn't agree more, that was exactly why I stopped the trade earlier, I'm waiting for more confirmation before going in again. thanks for the tip
NoCode326
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It may be quite a while before it's safe to short. But that's what stops are for. I think many were stopped out this afternoon, it was unbelievable watching the tape. That 4pm India and MasterCard joining the EEA announcement really turned up the heat.
lc_parente
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Puta merda! The price of this Shitcoin crossed the cloud as if it wasn't anything =O