oli_bf

Quick eth short

Short
oli_bf Updated   
COINBASE:ETHUSD   Ethereum
Eth made a H&S as BTC made the 23.9k high so it does seem weak, the target is 1426 and should be a quick 9% scalp

HOWEVER the fomc is tomorrow and that could lead to weird moves so i'm exceptionally using a stop loss for this one at 1630
Comment:
just like btc, eth is also showing a decline in the volume delta
Comment:
here's the volume delta on btc, we can see it even stayed in the purple which is bearish as it went up to 23.9k
Comment:
and here's the volume delta of btc on his way to 21.4k before it went down to 15.5k, pretty much the same pattern
Comment:
Just closed 50% here, I took out the stop loss and added up during the pump since the divergence was too big on the delta
Trade closed manually
Trade active:
Went short again still looking for 1425
Comment:
weekly and monthly vwaps at 1600 while the 6 month is at 1425
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