morning!
tried shorting eth last night & this morning it flipped my level into support, where i exited at breakeven.
i could build one more potential case for this as a w-x-y flat correction for the primary wave 2 of the wave that had begun back in the summer time.
this would be extremely bullish if this is indeed the case.
it's also 100% possible that the bottom is in, but something tells me it's not (yet).
willing to attempt to short eth one last time in my red box, between 4659~4700 with a stop at the previous highs.
downside target would be pretty much near the local bottom of the previous drop, since this would be a flat correction & nothing more.
🔨: 4658
tp: 3900
tried shorting eth last night & this morning it flipped my level into support, where i exited at breakeven.
i could build one more potential case for this as a w-x-y flat correction for the primary wave 2 of the wave that had begun back in the summer time.
this would be extremely bullish if this is indeed the case.
it's also 100% possible that the bottom is in, but something tells me it's not (yet).
willing to attempt to short eth one last time in my red box, between 4659~4700 with a stop at the previous highs.
downside target would be pretty much near the local bottom of the previous drop, since this would be a flat correction & nothing more.
🔨: 4658
tp: 3900
Note
looking primed for an epic bull trap ~
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
i only share a tiny fragment of my ideas on this platform. to view my daily work, join the lunar syndicate 9 👇
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.