marlenri

ETH update position potentials

marlenri Updated   
PHEMEX:ETHUSD   None
Hi All

As I earlier predicted ETH has come down.
As drawn on the chart, ETH broke trendline at 3749 when it hit the trendline and bounced back up currently at 3990.00
It could retest this again back to support at 2500 or potentially this is a Dip and an entry signal, should buy before 4200 and expect more growth ....

As signposted on the chart SHORT at 3900 and Buy at 4200.
Trade closed manually:
As predicted we did indeed come down at my $3900 short call ...
we made it down to $3691
Comment:
Mistake: 2500 is $3500, apologies.
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.