Ethereum / TetherUS
Short
Updated

ETH short another rejection at 1355-1362

183
ETH has moved out from a small bullish formation and bounce up at neckline support back to DO where we have seen a rejection, now ETH is forming a small broadening ascending wedge that is a bearish formation, I woul open a short position between 1355-1361 on another rejection at DO or break down of the wedge ; RSI on 15M and 30M is overbought but 1H has more sace to get to overbought area and 4H is going down to overbought looking bearish, my view on the situation is that ETH may move back up to get 1H on overbought area and the price back to DO and upper level of the wedge so i see an opportunity on selling another rejection on the 1355-1361 area unless a break occour i expected another pull back down.

I TRADE HIGH LEVERAGE 5 TO 50 X NOT 1 : 1

IF I OPEN THE TRADE I WILL ADD A COMMENT TO THE IDEA

MY TRADING RESULTS
# 25 TRADE PROFIT IN THE ROW
86% WIN IN SEPTEMBER
37 WIN, 3 BE, 3 LOST
CHECK ON MY TRADINGVIEW ACCOUNT
Trade active
small 25% short position open at 1764
Trade closed manually
short closed at 1356 with 8 US Dollar profit my 26th profit trade in the row, i congratulate myselves

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