ETH is pumped without a good base. Looks like a good short squeeze. I had closed all of my shorts except the BNB short as of yesterday. Now I have an ETH short 1530 entry / 1570 stop. Very tight stop for my standards. Manage your own risk.
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You TP near this green line if you wanna be conservative. It makes sense. But I wanna watch what happens.
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Volume profile confirms me.
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tf is this weekly candle mate? Fix it asap.
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Fucking feds :D Time to wait to see what kinda bullshit they are planning.
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This shit is still going to zero btw. But a trip to 2100+ is on the table if this bullshit won't get reversed on Monday.
Trade active
I'm back in @1592. Fuck it. No stop. $3672 liq price. Come and get me.
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I didn't get in just because I hate ETH. I did because weekly is closed with a huge wick. New weekly has started with pump. The bottom formation is not good enough to support this. ETH has to prove something this week, at least. That's just my opinion. We will see.
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Not to mention all of this happens on a weekend.
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When this mega scam line broke to the upside I've started to know different bull guys. They were super hyped about this. It was one of the most important signs of a new bull market. Now I see none of them thinking like 'Ok we are probably fucked. It faked or rejected every bullish possibility.' I just don't see. They still think majority is bearish so I must be bullish. Majority is fucked. They don't even have money to play.
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Someone stop e-mini. Looks like it wants to go.
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Hehe diamond hands.
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Bulls are so fucked. Just have a look at them. New paradigm.
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I believe there is a good chance this is it but I won't add to this one. Another long-term trade.
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Still holding the long-term position on this. Because I don't care about talks ponzis going to ATH's. FUD.
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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.