ETH Still in a Triangle - Bullish Bias - Higher Low - Watch BTC
As per chart - I longed at $228.00 so have wiggle room for a stop.
Price will follow BTC's trend - currently driven by Quarterlies once again.
Be sensible and wait it out if you don't want to risk being chopped out.
Anyone shorting in the $220-230 range on full margin will have issues if we break out north.
Expect the short squeeze to break a lot of overhead resistance if it unravels - this will destroy the $280 resistance zone - don't get trapped.
Stops in sensible places and act to the downside if it happens - theres always two sides to a trade - plan for both!
Price will follow BTC's trend - currently driven by Quarterlies once again.
Be sensible and wait it out if you don't want to risk being chopped out.
Anyone shorting in the $220-230 range on full margin will have issues if we break out north.
Expect the short squeeze to break a lot of overhead resistance if it unravels - this will destroy the $280 resistance zone - don't get trapped.
Stops in sensible places and act to the downside if it happens - theres always two sides to a trade - plan for both!
Trade active:
Long at $228
Trade closed: target reached:
$248 - closed for now
Comment:
About to close under support - short on confirmed break blow trendline
Comment:
Happened real fast - short under trend line.
Long (3x) at $191 closed at $215 - no need to be greedy
Long (3x) at $191 closed at $215 - no need to be greedy