Long ETH because it looks really bad

Entry zone: $1865-1930

Stop loss: 0

Expected drawdown before profit: $1700s is possible

Target: Take partial profit above at least $2000.01, then $2345

Expected time in trade: less than a week, but could be 3

Yorum:

If $1663 is not the low, which is exactly 20% down from ATH and would liquidate x5 leveraged traders, then I'm expecting it to wick down to get the traders who thought they could get an easy entry. If it goes lower than 1400, close your eyes and bid more.