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Saver0
Oct 24, 2022 10:18 PM

ETH to 1400 and then back down to retest the lows Short

Ether / United States DollarCoinbase

Description

We are on our way to $1400 for ETH and then I expect the price to come back down to retest the lowest lows and there is a high probability for the price to break down lower. ETH's price agreement is for a fall to around $1100.

There is a lot going on in the market and it's been sideways for a long time. The market has been waiting for some stability but isn't getting any. The prices should continue to fall due to that. A great place to find a short entry is around $1400.

Not trading advice. For educational purposes only. Trade at your own risk.

Comment

Just a quick update. The bottom target still holds. However, the upper target moved even higher due to the PA we witnessed. Over 80% probability on price visiting the $1650-$1700 zone over the next few days.

Comments
Solldy
The market now, unfortunately, is boring, but in general the idea is not a bad one. I think we can get at least a small profit from this idea.
SwallowPremium
I think it can work! Keep going!!
Saver0
@SwallowPremium, Thanks for the support!
JoeChampion
Good one, keep them coming mate!
Saver0
@JoeChampion, Thanks for the support!
aaroodynamics
A lot of people will see it as a place to sell. I think “rumors” are Cathy Wood bout bitcoin at 250
Saver0
@kbvcpg3baa, yeah, thanks for the comment!
Tradersweekly
I agree on retesting lows. Thanks for sharing.
Saver0
@Tradersweekly, Thanks for the continued support and it's good that we both agree.
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