Short

ETH - Wyckoff Distribution completed ? Big move down ?

Updated

If there really has been a distribution in this range, we should see a bigger move down in ETH and Bitcoin as well. Let's see what happens now :)

Note

we broke the trendline, but currently it seems like we just made an ABC correction. So the short trade is still valid.

Note

for people wanting to short, this is an easy short, just put a stop loss above the top (3040-ish) and be willing to take a losing trade if stop loss is hit.

mi_khan

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