ETH ~$200 dance to finish in 24h -> 10-15% win opp
Updated
Within 24h ETH dancing around $200 will come to an end as it continues on its natural progression towards its $50 value in this bull run. Within 48h later we may expect another volatile drop to 160-180 range which will be an opportunity for a quick 10%-15% win while it bounces back to ~$185-$190 range.
Short now, then buy on the second V in W.
Short now, then buy on the second V in W.
Trade active
I apparently predicted what will happen, when will it happen but not the amplitude of the drop. I am sticking to my idea, I have bought in at $159, $144 and $142.
a) Planning to sell around $160+ at the first peek (keeping an eye on market movements over the next 2-4h),
b) then I will be looking to buy back in at ~$140 again at the bottom of seconf V
c) ...and aim to sell the second batch at $170+, hopefully $180
If all plays well, in this first V, 2/3 positions will get me +10% and +12% while the 3rd one stays at 0%.
If the price drops back to ~$140 range and I manage to buy back in between $135-$150 I will be hoping for 15%-20% return in the second batch.
Keep in mind, these predictions of certain levels are purely speculative and may be off. This is not set in stone, keep an eye closely what's happening and react based on market movement, minimize the risk. All in all, potentially a great day for quick 20%-30% win! Good luck everybody!
Trade closed manually
Thanks everyone for following! It was a good run, as of last few hours price is above the trend line and this would be the perfect exit mark. I will personally keep away from it for the next few days as I expect it to start going downwards (see July 3 and July 13 after similar W runs), but who knows.I managed to get a decent profit in this run although I could have done a lot better, but I got out early in the ~$175 range (got in at $149 in the 2nd run - almost bottom of 2nd V) as I needed to go on a trip and couldn't keep an eye on it anymore. I consider my 20%+ profits good enough in 2 dips combined :)
For everyone that managed to get a decent profit out of this prediction if you feel like sharing some love these are my addresses:
ETH: 0xaCe30D88f733CcB8303a5C11dc67Cf40182adc67
BTC: 1aLyQwporyVzwamuSV5NDWnp5aWvrpa2f
I'll keep adding similar predictions on TradingView as we go. Onwards with #cryptoprofits!!!
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