AyKay-Trading

Kijun Sen played its role of resistance

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
In order to invalidate the bearish scenario, ETH must move higher than Kijun Sen (red line) at 235$.
Sep 20
Comment: If the bearish scenario is confirmed there is a potential huge move coming soon because there is a lot of hope right now. This sentiment is revealed by the number of long positions opened on Bitfinex that is more than 2.3 times the number of short positions.

Long positions: 480k ETH
Short positions: 202k ETH

Here is the number of long positions on Bitfinex

Here is the number of short positions on Bitfinex
Sep 20
Trade active:
Sep 20
Comment: Still waiting for an entry point. We might go higher.
Sep 20
Comment: This bullish divergence on the daily timeframe still holds me back from shorting ETH.

Still waiting for more clarity before taking action.

Sep 20
Comment: Another bullish signal is the break of the RSI trendline (4h).
Still waiting for an entry point
Reply
Ooops, you expect drop to be as bad as $99? :(( I expect max 170 and then backup!
Reply
AyKay-Trading WealthHustler
@WealthHustler, Nothing is impossible in this strange market. We may as well started a new bull market.
Reply
WealthHustler AyKay-Trading
@AyKay-Trading, yes you're right :|
Reply
AyKay-Trading WealthHustler
@WealthHustler, I was not wrong with my 99$ target ;-)
Reply
WealthHustler AyKay-Trading
@AyKay-Trading, yes, indeed :(
Reply
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