Took a short position here in ETH from 3435 no leveraging cause the market is Bullish overall.
Taking it with very tight stops at 3470.
Targeting 3200 and 2950 initially.
Note: Not a Financial Advice.
Taking it with very tight stops at 3470.
Targeting 3200 and 2950 initially.
Note: Not a Financial Advice.
Trade active
Comment:
Continuation downward can be massive but very less likely because the price action suggest no breakdown is going to happen.
So won't take any loss on this. Having an avg entry at 3443 and setting stoploss at entry.
So won't take any loss on this. Having an avg entry at 3443 and setting stoploss at entry.
Comment:
Wasn't expecting BTC to break below 61500. It did.
Very high liquidity zone here. Pure gambling if anyone long or short here.
Very high liquidity zone here. Pure gambling if anyone long or short here.
Trade closed manually:
Closed out here no profit no loss.
Looks like things are not going any lower.
Looks like things are not going any lower.
Possible today's close above 3400 and i Don't think market can go lower after that.
For anytype of Bearish scenario the ETH close must be below 3400.
Today's close is very important though with yesterday's close the Monthly candle closed Bullish.