ETH has moved to the upside of POC and looks a good short from here to the upper trendline. I'm laddering in.
Invalidation would be a break to the upside 4hr candle close above the trendline.
Not advice.
Invalidation would be a break to the upside 4hr candle close above the trendline.
Not advice.
Trade active
Comment:
Trendline break is a fake-out.
Trade closed: stop reached:
Price has drifted and I've closed this trade for now. If price backs off then I'll look again
Trade active:
I'm laddering into ETH again. It looks done or nearly done. I put too much emphasis on BTC pennant, but really its just the same fibs and regression from BTC yet again.
Comment:
Not advice.
Comment:
I'm going to hold on to my shorts here. See thread for details.
Comment:
AS long as price remains below $2890, upward price action is regressive. Price currently around 0.786 area, liikely to stall around here.
Comment:
Market movers want to wriggle you out of your shorts = HODL!
Not advice.
Not advice.
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