Short on ETH
Updated
The week has been so rough with bitcoin going at a bottom of $17000 followed alt coins and ethereum also respected bitcoins massive move
and had a bottom at 880..The bulls quickly came into action and are trying to push the over all market upward...
2017 has nearly repeated itself should we see bitcoin at $10,000 price range.
With this been said, ETH formed a bearish flag chart patten on the 1 H TF.
This chart pattern indicates that, there shall be a massive break down to the support level from the previous formed resistance.
A short trade has been placed.....with an entry of price and a take profit set...
I am not a financial advisor.
DYOR
and had a bottom at 880..The bulls quickly came into action and are trying to push the over all market upward...
2017 has nearly repeated itself should we see bitcoin at $10,000 price range.
With this been said, ETH formed a bearish flag chart patten on the 1 H TF.
This chart pattern indicates that, there shall be a massive break down to the support level from the previous formed resistance.
A short trade has been placed.....with an entry of price and a take profit set...
I am not a financial advisor.
DYOR
Trade active
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