BuySellMarketMaker

ETH Ethereum heavy coin inflow into exchanges

Short
BINANCE:ETHUSDT   Ethereum / TetherUS
Next week we have the FOMC meeting.
Most likely the Federal Reserve will raise rates by 75 basis points. In case of 100 basis points increase, i expect a sell-off in the markets.
Major cryptocurrencies have seen heavy coin inflow into exchanges recently.
I expect a strong sell pressure next week.

ETH/USDT short
Entry Range: $1400 - 1500
Take Profit 1: $1365
Take Profit 2: $1220
Take Profit 3: $1065
Stop Loss: $1715

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