Short

We Could See Another Leg down Toward a 2200$ And 2000$

Updated

📉 At 20min Timeframe Rising Wedge Formed At The Chart Which Tested Fourth Times ,So At This Point Better To Be More careful Because We Could See Another Leg Down Toward a 2200$ And 2000$ ,Invalidation Of This Analysis Is Any Breakout From 2650$

Note

🔥 The Price Perfectly Breakdown The Trend Line And Reached 2427$ Area ,It’s Almost 20% Profit By 5X Leverage Till Now ,It’s Time To Make This Trade Free Risk So Put Your Stop Loss At 2525$ As a Entry Point

Note

📉 Previous ETH Short Stopped At The Entry Price But Still Nothing Changed About The Ethereum ,There Is a Clear Rising Wedge Formed At The Chart And Any Breakdown Will Lead The Price Toward a 2300$ ,2200$ And In a Pessimistic View It Will Hit The 2000$

👉 Totally Im Out Of The Market Right Now

Note

👉 Same As The BTC Structure The ETH Formation Is Bearish For Me Too ,So I Expect a Leg Down Toward a 2280$ In A Short Term

Note

🔥 Perfect Dump Exactly From Our Entry Point ,It’s Time Reduce The Stop Loss And Put It On 2570$

Note

🔥 Perfect ,The Price Start Dumping Exactly From Our Entry Point And Right Now Its Almost 30% Profit By 5X Leverage

👉 Now I Set My Stop Loss At The Entry Point To Make This Trade Free Risk

Trade closed: target reached

🔥 Also This ETH Short Is Closed Here At 2340$ Area By Almost 40% Profit By 5X Leverage

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