Going Short on Ethereum

15 Mei

ETHUSDT

Ethereum has moved up strongly in the last 6 weeks to a key resistance level, which is the 50% Fibonacci Retracement, leaving a huge Fair Value Gap between the $2,400 USDT and the $1,900 USDT level. Most Fair Value Gaps get filled, and I expect it to be the case this time. The Gap closes at around $1,900 USDT.

I also see this move overextended in the short term and do for a correction, so I am going short here.

I hope you find this interesting.

Good luck to you

5 hari lalu

Dagangan ditutup secara manual

I'm closing with a small gain here.