TradingView
ProjectSyndicate
Jun 12, 2020 5:45 PM

ETHUSD daily: bulls died at 245 USD. 20% correction.(NEW)Ā Short

Ethereum / U.S. dollarBitstamp

Description

ā‹…
Why get subbed to to me on Tradingview?

-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates

ETHUSD daily: bulls died at 245. 20% correction.(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

šŸ”ø Summary and potential trade setup
::: ETHUSD daily chart review
::: Bulls failed at 245USD again
::: heavy double top on daily
::: expecting breakdown soon
::: this is not a trade setup
::: technical outlook only
::: based on VPVR POC
::: target bears is 185 USD
::: position traders should SHORT rallies/rips
::: my target rate is 185 USD within 2-4 weeks
::: 185USD is VPVR POC
::: if you don't know what that is use search
::: BTCUSD also failed to clear 10K USD again
::: so this spells trouble for crypto space
::: finally QQQ is maxed out, AAPL broke down
::: review my setups in QQQ/AAPL in my ideas section
::: good luck traders
::: see you at 185 USD within 4 weeks max
šŸ”ø Supply/Demand Zones
::: N/A
šŸ”ø Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook short-term: BEARISH
Comments
DAVID9039
ā‹…
agreed with this! nice chart
Athlon64
ā‹…
Well done , Great vp chart , I will note poc sits right at the ~50% fib retrace of the mar move , suggesting some confluence . Iā€™m Adding in size at $180āœŒļø
More