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So my previous long term plan has worked successfully and we dumped as I described before.
Here we can see that Ethereum has found it's support at 380 zone and all wicks below this zone are being bought really fast.
The most impressive part is this scam stop hunt wick below 370 and even 360 zone which stopped a lot of people.
I would place very short stop in this trade at 380, more risky is at 370.
We can expect price to retest 420 zone which will be a nice place to open new shorts expecting further drop.
Don't forget about friday close at ~10586, we should expect price to be there by monday.
Feel free to check my previous long term idea for both BTC and ETH as it is already in full play!
Your likes and comments are appreciated!
So my previous long term plan has worked successfully and we dumped as I described before.
Here we can see that Ethereum has found it's support at 380 zone and all wicks below this zone are being bought really fast.
The most impressive part is this scam stop hunt wick below 370 and even 360 zone which stopped a lot of people.
I would place very short stop in this trade at 380, more risky is at 370.
We can expect price to retest 420 zone which will be a nice place to open new shorts expecting further drop.
Don't forget about friday close at ~10586, we should expect price to be there by monday.
Feel free to check my previous long term idea for both BTC and ETH as it is already in full play!
Your likes and comments are appreciated!
Comment:
Stopped out, always manage your risk friends, trading is a game of probabilities! Wish you luck!
