MattArmstrong

ETHUSD - Long Idea

Long
COINBASE:ETHUSD   Ethereum
After it's 70% drawdown (isn't crypto fun?), Price looks like it will break this trendline.

-price slammed into the trendline but has bot been rejected as I would expect is it was going south.

I won't trade this but I am posting the idea.

Manage Risk! 2:1 RR
Comment:
pop in the right direction.
Comment:
We still Bullish?, feels too easy and losing confidence in that idea as time passes.
Comment:
Yeah, check the time stamp on me changing my tune from bullish to bearish.
Was not in the cards. - why I do not trade this, as stated.

I moderate a small community 4 traders, analyzing weekly charts, and discussing trade setups. Focusing on psychology.
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