Playj

Channel Break or failed continuation... Eth short

Short
Playj Updated   
KRAKEN:ETHUSD   Ethereum
acct $1617
short 7 shares at 204.03
wanted to short the area highlighted when the break occurred but was busy.
The only factor changed at this point is time which imo favors a more likely break in a decent amt of time
xrp (most bullish chart) also triple topped or failed to break ascending triangle
a lot of bs going on in market with tether stable coins and fidelity launching crypto trading.
have to have stops! I would look to stop out breaking above top of channel or a close taking price action back into the channel
Trade active:
xrp as a bull would want to see big vol come in and try to break this levels
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added 4 short at 204.58
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added 2 short at 207
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stop placed at the moment for less active trading and for tonight during sleep
still have alarms and look to get tighter levels....
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how usdt is shaping price... manupulation imo
Comment:
bittrex
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blue horizontal new level that im watching closely short term
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stop moved down red horizontal
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added 1 short 203.38
guess we will ride this til the wheels fall off ;) ;)
said to watch blue horizontal it has pretty much done its job
could have entered better and with more size if i gave that break more weight... vol is key factor of my small size
Trade active:
added 1 short at 203.39
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added 2 share at 203.79
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closed 8 shares at 199.51
Comment:
2 shares closed at 199.3
Comment:
closed 2 197.35
Comment:
closed last 5 shares at 198.53
acct start 1617
acct 1689
profit $72
acct increased 4.4%

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