ETHUSD - SHORT!

By ForeverOnline
Updated
I am building a short between $220 and $228
Dont follow me blindly! Im just sharing what i'm doing atm

Reason for shorting is 228 is a strong resistance point.
The relief rally seems to stop at this level
BTC is looking weak
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Ascending grindline is broken
I'm expecting a strong move following today
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:)
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I took some profit on 195
$195 (weekly support) is currently showing support but..
We might go to $178 (head and shoulders target)

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Bear Flag is forming
Looking for a break-out..
I have reshorted a bit at $199
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Trade closed: stop reached
Nasty wick got my stopped out.
Still ended up with huge profit.

Sidelined for now
ETHUSDethusdshortSupply and DemandSupport and Resistance

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