ETH/USD: Short Posiiton confirmed!!!

In this update from H4 timeframe, Ethereum it's ready to drop their value. So guys, as we forming this bearish rising wedge in the past days, I hope that Ethereum continue toward a crash to $1,953 USD

So, in Daily timeframe we forming this symetric triangle in formation and I believe that Ethereum it's ready to the another crash as I saw in the price of $1,953 USD

But, I put a sell order limit at $2,622 USD and my SL to$2,711 USD. And my target will be around $2,420 USD. And this it's a risk/benefit 1:2. It's a good proportion to get profit. Now, if you want to extend your target toward $2,300 USD. You can to do it and this will be a risk/benefit 1:3, and it's a good proportion to get profit.

Comentário:

We're in profit in Ethereum right now as Ethereum begin to drop.

So, move the SL at $2,685 to have less loss if in case Etherum return to up, this it's to minimize our loss

Comentário:

We're in profit in Ethereum and ok in this short posiiton.

So guys, I deCice to make a little update and extend my profit to $2,320 USD

At this point, I extend my target to $2,320 USD

Comentário:

if you see in H1 timeframe, we're in this downtrend and also, I'd reccomend to protect your trade put your break even in the price entry that for me was around $2,622 USD. I would' not losing this trade if Ethereum go back to up, but I'm in profit and I have my trade protected with 0 loss.

Comentário:

Remember I extend my target to $2,320 USD as I identify an interesting short in Ethereum to take huge profit in this trade.