-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 H4: SHORT IT! 20% gains BEARS.(SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. Tagged as SHORT because I expect short-term losses in this market.
🔸 Summary and potential trade setup ::: ETHUSD H8 chart review/outlook ::: currently price is stuck in range ::: ongoing mini distribution ::: upside limited from here ::: expecting more downside short-term ::: SHORT AT MARKET ::: TP is 20% gains ::: 385 usd range highs ::: 325 usd range lows ::: SHORT/HOLD setup for BEARS ::: 20% gains unleveraged ::: 320 USD will get re-tested ::: short-term bearish / more downside ::: recommended strategy: SHORT IT NOW ::: TP BEARS is 20% gains / 320 USD ::: 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 ::: Sentiment outlook short-term: RANGE
also ETH hit 400 today and is holding suppot at 390. 395 at time
janseida
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hh works like a chram, thanks a lot!
samky39
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is not there a chance for more upside? at least 420 and reject from there? How do you see that eth is so behind btc? last time btc was 12.5 eth was 480.. or will it get back in 'sync' after some downside?
ProjectSyndicate
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@samky39, not really. Market dominance of BTC is increasing fast now it's over 60% already. ETH upside is limited from here.