This is my first attempt to publish ideas on TradingView so lets see how that goes in terms of acceptance.
I am betting against the BULL run of ETH due to two fundamentals
1) YoY growth of 4000% / Sitting at ATH 2) Rising wedge with lower highs and a Wolfewave
The risk on the break on upside is minimal..
SHORT @ 395-385 with HARD STOP @ 415, Target is 290-270-200-170-135 BUY @ 415 with HARD STOP @ 380, Target on upside is Huge and potentially can take this upto 800 levels
İşlem aktif
⋅
This was tricky trade but after first stop loss in SELL, I went long at 415 and holding it at 465. Stop is adjusted back to 430 to breakeven out of it
İşlem elle kapatılmış
⋅
Closing upon sighting of BTC strength and a descending triangle in 15min ETH chart... similar "ascending" chart in 1HR BTC confirm the weakness above 460 - looking to reenter near 430 this time