A quick 6.5% short on ETHXBT
Updated
ETH is about to bearishly cross the MACD and become undersold on the RSI. Decent support has been found at 2750 so I expect an ideal shorting opporutinity to happen at 2799 up until 2630, making a nice 6,42%. The slight pullback to 2799 is not guaranteed to happen but, looking at ETH's past and the current status, I do consider it likely.
Trade closed: target reached
Ethereum behaved exactly as expected, only earlier. I should consider drawing horizontal lines instead of the graph itself.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.