infbp22
Short

ETH: Potential short coming in

KRAKEN:ETHUSD   Ethereum / U.S. Dollar
Let me know your thoughts! Bitcoin is approaching a massive resistance zone , and ETH is no exception to that zone. I have an auto buy set at $205 to try and catch a wick, but will realistically try to lock in ladder buys between $197-199. I'm picking this trade because it presents a nice risk to reward ratio. The stop is set to $210.50 for onl ya small loss, and teh short potential is faily large. If successful, I plan to close it at the golden pocket of retracement.

Comments

here is my overall viewpoint on ethusd at the moment
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