I trade crypto and stocks on a long only portfolio, if I have a short bias, I am flat.
However, looking at ETH on a momentum play.... this could be interesting. If ETH can push below every major momentum moving average, momentum could really push this into a big volatile sell off.
Fundamentally, I like this play, I have a strong dislike for ETH, I don’t think it’s got the same appeal as other altcoins, there’s no real buzz about it.
The risk to any ETH shorts is, I am long only crypto and believe BTC will hit $100k in 2025, will ETH piggyback onto some of that momentum? probably.
If there’s a convincing close below my level, not a quick spike, then ETH could be a good short term short. Get the trade into breakeven and take profits on any big volatile moves down.
However, looking at ETH on a momentum play.... this could be interesting. If ETH can push below every major momentum moving average, momentum could really push this into a big volatile sell off.
Fundamentally, I like this play, I have a strong dislike for ETH, I don’t think it’s got the same appeal as other altcoins, there’s no real buzz about it.
The risk to any ETH shorts is, I am long only crypto and believe BTC will hit $100k in 2025, will ETH piggyback onto some of that momentum? probably.
If there’s a convincing close below my level, not a quick spike, then ETH could be a good short term short. Get the trade into breakeven and take profits on any big volatile moves down.
Emir iptal
No entry found. Trade idea cancelled.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.