Like my previous analysis on Xrp, Eth looks like it could go for a last scalp-long before capitulation..
1. The Scalp idea:
We should see a breakout from the triangle around 131$, from there i expect a re-test of 140 too confirm the resistance and alot more downside!
Here's my play:
Portfolio Risk: 5%, Leverage: x10 - x25
Long after breakout: 130.5$
Sl: 129$
Target: 140$
2. The next big downside for Capitulation
Logicaly i will preset my orders for a short at 140, once we get there i will post what i expect for the move down!
Stay tune.
1. The Scalp idea:
We should see a breakout from the triangle around 131$, from there i expect a re-test of 140 too confirm the resistance and alot more downside!
Here's my play:
Portfolio Risk: 5%, Leverage: x10 - x25
Long after breakout: 130.5$
Sl: 129$
Target: 140$
2. The next big downside for Capitulation
Logicaly i will preset my orders for a short at 140, once we get there i will post what i expect for the move down!
Stay tune.
Trade active:
Already a massive 5% pump since yesterday, which means that we are at 50% of profits!
From what i see we should revisit the 133 area by today or tomrrow, and from there a last impulse too 140 where i will short!
From what i see we should revisit the 133 area by today or tomrrow, and from there a last impulse too 140 where i will short!