Ethereum / TetherUS
Short
Updated

ETH sale wedge play

171
ETH is bullish, but it is formng a small wedge on low time frame, could be sold here and if break the wedge down to first line of support or 1648; I give a try with a very small position and tight stop as against the trend, this is risky as the wedge could break up on bullish trend
Trade active
just short a very small position 10%
Trade closed manually
Closed at 1667 as the neckline is offering support
Note
made small profit sold at 1674 and bought back at 1667, better closed and take profit as ETH is bullish

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.