Eighty_Street_Capital

ETH Update 1HR TF Sept 12

MEXC:ETHUSDT   Ethereum / USDT
Yesterday I spoke about how the RSI on the 15 min, 1hr & 4hr TFs were overextended, and we got a bearish cross of the 9 below the 21 on the 15min & hourly to confirm that there was going to be a correction and opportunity for RSIs to cool-off.

Opened 15 ETH short @ $1780, took profit on all @ $1725, good trade.

My bottom call was $1716, so far bang on and only off by $3.

Longs taken:
- 5 ETH @ $1717
- 10 ETH @ $1716
- 10 ETH @ $1720
All in profit at this point.

I'm waiting for the 9 to turn back up on the 15 min & 1 hour to confirm the swing high, and also waiting to see how the #stockmarket performs for the day.

No topside target ATM, playing the technicals.

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