NesVulcan

Capitulation is coming

NesVulcan Updated   
BINANCE:ETHUSDT   Ethereum / TetherUS
As you can see, each accumulation is taking more time.
And we usually increase each step on the stairs but decrease the speed of the elevator falling. It sounds very scary, and this makes the pure investor (spot buy) even more frustrated.
They will most likely lose their remaining capital if they want to get rid of their capital and move into the futures market.

Wolf is one of the super-predators in the world. However, wolves possess no outstanding strength, much less lightning speed or sharp fangs.
They possess the ultimate skill sets and hunting tactics that humans, especially traders, should learn.
One of their great hunting tactics is locating their prey: Wolves often choose old, weak, injured, or sick prey for easy control. Once the prey is controlled, they will bite, tearing the soft thighs and perineum to cause massive blood loss and destroy the prey's ability to move.

We can learn from this tactic with a very simple statement: Short a weak asset, don't short a strong asset.

ETH is still moving in the accumulation zone (1155 ~ 1350). So I will wait until this zone will break in either way. Trade will be active as soon as there's a signal of weakness or strength
Trade active:
Closed Swing Long from 1210 with some profit.

Short: ETH/USDT
1st Layer: 1.290$
2nd Layer: 1.310$

Tp1: 1.250$
Tp2: 1.190$
Tp3: 1.152$

Stop-loss: 1.353$
Trade closed: stop reached:
Trade closed. Didn't expect this coming. But let see how strong we can hold this lvl

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