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ETHUSD D1: PT BEARS is 2100 USD SHORT THE BOUNCE(SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. Tagged as SHORT because this is a speculative BEARISH pattern .
🔸 Summary and potential trade setup ::: ETHUSD daily chart review/outlook ::: ETHUSD met heavy resistance at 3 900 USD ::: bullish TL broke down today ::: expecting pullback/correction mode ::: expecting a W-shaped bounce from here ::: BULLS may buy near 2000/2100 USD ::: TP bulls is +100% max on BOUNCE ::: BEARS may short at market now ::: SL recent cycle highs TP is 2500//2000 USD ::: lower risk strat: wait for re-test of RED TL ::: and then reshort into BOUNCE / ::: reshort into re-test of the pattern ::: it's anniversary of a 50%+ DUMP SOON as WELL (2020) ::: ETHUSD sold off 50%+ 15th FEB - 15th MAR 2020 ::: so recommend to be extra careful next few ::: weeks as price is very unstable near ATH ::: overbought / so expecting correction ::: good luck traders! ::: SHORT IT and get paid. period. 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment mid-term: BEARS/PULLBACK/2100USD ::: Sentiment outlook short-term: BEARS
RISK DISCLAIMER: Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
I appreciate your share. I disagree that ETH will go all the way down to 2100 anytime soon though. Coming up and posting a random fantastical price more than -40% of the current price, and saying that is a preferred buy window is not realistic. 2100 is an optimal buy price, I agree. If that's what you bought and held from, good job. But these fantastical buy prices that you post over and over. Of prices that we haven't touched or gone anywhere near in several months is sorta childish. Its almost laughable. Like your trying to show off or impress someone. I wouldn't say anything normally. But I keep seeing it posted over and over post after post. Keep up with the sillyness dude. Ill keep laughing. Just like everyone else.
MyTradeSmart
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@importantDinos79427, I agree with you. This dude squeezing charts until it suits. Always nonsense.
joseph83299
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Lol, I am a big ETH supporter as much as I want to disagree PS is by far the best TA on trading View. When he post (as laughable as it may be, I listen). This dude is either a whale or has a crystal ball because every post he does either happens or he updates it. He has been calling for a big correction for months. As much as I hope It doesn’t happen, it most likely will. “Money isn’t made in the buying or selling, it is made in the waiting” Carl I…. Go back to his charts a year ago or more it’s almost scary how on point this guy is. Dot for example he had dot going to $8 from $45 I thought this dude is nuts. One account I put a buy order for $12 the other I held my long position. It corrected to damn near where he had it 5 months later from December post happened on may 19th. I can think of many more examples. Think it’s nonsense (and it may not) but I sure as hell am going to watch it. Thank you Project Syndicate.
v184
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Oh gosh! How is your BTC short at 40k going lol 😆 None of your ideas come to fruition ever but thanks for the laughs ;)
SofiyaFX
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Great idea.
KlejdiCuni
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Well done!
jmancharts
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Thank you sir, Altcoins should have a little pump during this pull back? Can you share your thoughts on xlm? Atom? Thanks