ETH Continues correction

Generally, I Always put LONG on ETH :)

That's because I know where we are going in the end.. But, we can still make profit on these drops and thus get more ETH.

I put short here for a change.
We can see ETH is preparing to re test the previous support we bounced off.
When we break the ascending support (dotted) is the moment we short all the way down to the support.

Catatan

Even if we have a H&S forming, it's possible ETH won't react to it and nullify it, so it's better to take the profit and reevaluate. Especially if we use leverage.

Catatan

We can close here for easy profit or extend short with less leverage as a bounce will probably come. How Big of a bounce? Probably to around 580.

Catatan

Looks like the Bounce was stopped out 576, Close enough? ;)
We can see that we are forming Another bearish Candle right now, so I'm expecting further decline...

Catatan

Pivot, i will Close my short and TP if we go above 580 :-)

Trading ditutup: target tercapai

Not gonna close this, obvious stop loss hunting here. holding on to my trade a bit longer.

Catatan

Was ment to be a comment, not target reached. But, a close here will still be in profit. Keeping it open still to be clear.

Catatan

Reopened short from same position

Catatan

taking profit again :) waiting for entry in either direction.

Catatan

If we get rejected here again , expect a steep drop!

Trading ditutup secara manual

Done shorting for now,
Got 2 short trades with some profits, looking to see if we can enter a long soon. Waiting for the signal for this. Look at my long chart for more information.

Catatan

will update at 20 likes :-)

Order dibatalkan

Catatan

UPDATE

Catatan

Here we learn patience :)

ethhunter

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ethhunter