Going down, down, down
Hello fellow traders,
Things are not looking good for ETH at the moment.
- 134 is looking tough to break
- Bull pumps are low volume
- Believe we can see 116 or even 100 soon for a 100% retrace (not a good sign)
Good time to open short position:
Open position: 128-132
Target: 122/118/115
Keep a small position open for a fall to 100 where I will look at PA to determine next position
Stop: 4 hour close above 134
Trade safe and happy holidays!
If you like my idea, please give a like, its the most important thing I look at before publishing my ideas and it doesn't cost much!
Things are not looking good for ETH at the moment.
- 134 is looking tough to break
- Bull pumps are low volume
- Believe we can see 116 or even 100 soon for a 100% retrace (not a good sign)
Good time to open short position:
Open position: 128-132
Target: 122/118/115
Keep a small position open for a fall to 100 where I will look at PA to determine next position
Stop: 4 hour close above 134
Trade safe and happy holidays!
If you like my idea, please give a like, its the most important thing I look at before publishing my ideas and it doesn't cost much!
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