MrVolcano

Tasty Etherium Short

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KRAKEN:ETHUSD   Ethereum
Bearish arguments

- Big red bearish candle on previous D1
- Symmetrical triangle / bear flag
- RSI very bearish
- Measured objective measures perfectly to previous lows
- Recent false break of downtrend

Weekly chart

The weekly picture looks very good at the moment, however there is still 36 hours until the close of the weekly candle, so this cannot be taken for granted yet. Provide price closes below 130 on the weekly candle, then the weekly chart looks very attractive.
Dagangan aktif:
Position opened at 125.5
Komen:
Weekly chart close confirmed below trendline with bearish engulfing candle. Should be some good downside from here.

Komen:
Sorry, that previous chart wasn't clear. Here's a better one....

Dagangan aktif:
Opening a second ETH short position at 116.9
Dagangan ditutup secara manual:
22/11/2019 - Closed manually at 116.75
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.