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AdamHong
Jun 2, 2019 7:28 AM

ETHUSD: Short Not Long Short

Ethereum / U.S. dollarBitstamp

Description

ETHUSD has spiked about 80% in the past month.
Now it is facing a crucial resistance which may stop the further rising.
A good supply zone is at 274-321.
So it is good to sell at the PRZ, not buy, when bearish signals appear there.
Sl: above 321
TP: 174 and further more
Currently, the market is so strong because of the politic reasons, so stop loss is needed.
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