Numetric 의 KRAKEN:ETHUSD 용 Short term long on ETH - HIGH RISK

indicator long ethusd artificial_intelligence

Potential bullish cycle on the short-term on ETH - Green dots indicate start of bullish cycle, this is short-term, use risk management, high-risk trade. Long term, I believe ETH may still fall short on the Daily/Weekly charts.

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$2800 - $2900 are my targets. If it goes further then that would indicate a further breakout, but this could also be a fakeout.

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A lot of resistance at the $2400 range.

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Major resistance right now, could be a fakeout.

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Still seeing resistance, could be a fakeout - will update shortly, no red dots yet.

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Back to resistance, let's see if we breakthrough.

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Good take profit area, if this does break through around $2700, anything higher is much higher risk, this is following a linear trend downwards.

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So far, so good.

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Resistance again, starting to break through but we shall see.

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Sell pressure still high, might take a bit to breakout of this zone.

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Remember, even if you make 2 - 5% each way, you still can make 20% in a day. Every bit counts, be careful with leverage.

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Breaking through the resistance.

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Trade is going well, 3.28% since entry after short trade.

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Once I see a red dot, that will indicate a potential sell-off, and I will wait for another green dot to re-enter.

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So far so good, trying to break the resistance at 2420, let's see.

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More resistance, lets see what happens.

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Resistance is hard at 2420, keep bouncing back.

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Linear regression is still showing a downtrend, BTW. This is just a short term long, then back to short, unless some anomaly happens.

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Resistance is strong. ETH is edging us hard.

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Probably the people with $100,000,000 shorting 100x on other exchanges. GG

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Some music to relax you while you trade on this highly volatile asset.

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Over-leveraged and underachieved. ;)

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Resistance is real. Possible fake-out. We shall see with time.

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Resistance is real. Might play out well, might not, let us see.

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More music for you:

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Broke through critical resistance.

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Hit resistance again. The bounce is real.

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Someone, save me.

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UPDATE lots of green dots, possibly very bullish short-term.

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Still trading under the clouds, if we can get back over the clouds, this will indicate more bullish-ness.

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My entry was @2345.13 USD btw.

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The resistance is real right now. Volatile af

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Single dot on the 45m; Could mean longer bullish trade.

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Like a light in the dark, you won't ever know if you don't take the risk. I short and long ETH, I've lost money and made money, learning from my mistakes, use risk management, don't over-leverage, and most of all, rock on.

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Broke major resistance for short-term long. Good game beras.

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1h candle showing 2 bullish dots.

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More resistance again, pay attention.

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Ether is trying to break through, will we go back into the Ether?

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Keeping a strong eye on this, just got some food and rushed back as I'm a bit concerned it may capitulate (again) as it has been while the whales play their game. Maybe not, if enough of them have been liquidated at this point.

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Interesting note: The Internet Computer $ICP is moving in the same pattern as Ethereum $ICP

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So far, so good, lets see if we can break the $2500 level now.

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Starting to dump, a bit concerning here.

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Warning signs

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Closing my position temporarily while I wait to see if it decides to dump again.

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Entering short position temporarily until bull signal comes back.

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High probability of dump here. Could be small or large, no way of telling, but normally when you start seeing red dots, this indicates the start of a short-term down trend, this could be volatile.

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On a side note, there is a 'dumpling' formation forming, which is extremely bearish.

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