HD1184K

Ethereum (ETH) Short and long setup. Preparing for next move.

HD1184K 업데이트됨   
BITFINEX:ETHUSD   이더리움
Ethereum has broken through 198 causing us to long in the last trade, hitting our first target on Bitmex.

Currently price looks weak so we may have a short entry below 214.7. If price breaks a certain area, it signifies strength and triggers a long.

Short
207 USD

Stop loss:
215 USD

Long:
215 USD

Take profit:
222 USD

Thanks for viewing! Please view my past ideas in the related ideas section.
액티브 트레이드:
Short is now active.
코멘트:
When we hit 203, lock in some profits as we may rebound then. If we make a weak rally, you may add to your short position.
코멘트:

If price can move above 215, close shorts and flip long. In theory we should keep breaking the bear fractals.
코멘트:

Looks like forced demand on Bitcoin due to the curve down. The Eth fractals also seem to point down, so if you want to enter, a short would be fine.

Do not enter long here until we see strength.
코멘트:

Low chance of descending channel
코멘트:

So far trade is doing well.
코멘트:

This looks bullish now. Rally upwards may be soon. I will switch long if we do not break the bear fractals and break the bull fractal.
코멘트:
Price should not go below 207, wait for 210 to buy in.
코멘트:
ETh price didn't hold 210, short still active.
거래청산: 타겟 닿음:
203 reached, set take profit slightly above in case of rebound
코멘트:
I believe 187 will be reached eventually.
액티브 트레이드:
New chart will be updated soon when I have time
코멘트:
Please follow me to receive updates as I post them. Most my trades finish within 24 hours and I may switch my position depending on price action.

If you want access to some private charts like this one, just message me
코멘트:
The BTC dump triggered stop losses allowing liquidity to long while the pump did the same and allowed them to exit/short.

This is why the ETF will not be approved due to the low volume that allows for manipulation.
코멘트:
Either way we have set a take profit and have secured the gain with small slippage.
코멘트:

As Ethereum is influenced by Bitcoin, if Bitcoin rallies to 6900, I expect an Ethereum near 232.

Keep in mind Ethereum had its top many days before Bitcoin did and I fully expect the top to be 220-232.
코멘트:

Possible new setup I am looking into.
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