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Micss22
Mar 27, 2017 11:13 PM

ETHEREUM GOING DOWN Short

Ethereum / U. S. DollarKraken

Description

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Comment

Narrow stop of mine.

Remember, this is my style. Is up to you the ubication of your stop/take profit, as mine is orientative.

Trade closed: target reached

Conservative profit reached. I personally extend to the agresive take profit, you should remember at all times your OWN style.

Comment

Expect an upwards movement as a correction now, but the aggresive take profit is still valid.

Comment

A possible indecision zone may occur at this point, since the price is in the range of the last value area that is before the rise, from 2017/03/20 00:00 to 2017/03/24 05:00.

The overall scenario is bearish though, and it will be wise to wait for the last take profit.

Comment

Lack of activity. Interesting flat out.
Comments
SuperShibe
Get ready for the "short" squeeze
Micss22
@SuperShibe, Seems that the market cap has been establised. It should go down in little time under a technical standpoint.
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