Ethereum / BitcoinShort
great opportunity for ethereum
hello guys,
i believe eth could make a massive drop to the downside. it had a very good upswing but is no facing a lot of resistance on the upside of the previous high.
Also ethereum likes to test areas again. so on the downside we have a untested area where the whole run began. also the volume is declining
If you look for confluence, i believe bitcoin just made a big short squeeze and the gap at 7290 on the CME futures gap wants to be filled, after we probably will go down.
Than is ethereum a great short opportunity, because such a run is not sustainable. I think if you ladder some shorts than you can have great returns.
Dont forget to like,
i believe eth could make a massive drop to the downside. it had a very good upswing but is no facing a lot of resistance on the upside of the previous high.
Also ethereum likes to test areas again. so on the downside we have a untested area where the whole run began. also the volume is declining
If you look for confluence, i believe bitcoin just made a big short squeeze and the gap at 7290 on the CME futures gap wants to be filled, after we probably will go down.
Than is ethereum a great short opportunity, because such a run is not sustainable. I think if you ladder some shorts than you can have great returns.
Dont forget to like,
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.