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2k19cryptoreversal

ETHUSD [REVISED - PART 2] - 30% Cyclical Short Trade?Previously I posted a revision to the ETH short trade, but we had limited information to trade with so it was tricky: Now the range is clearly defined. Currently we are sitting at a shorting level with price action trading near the confines of the overall weekly trend. We can short the market around this level or wait for confirmation at $100. There is also a perpendicular line in the middle of the range, but that is a no-trade zone (between fibo .382 and .618).
KRAKEN:ETHUSDShort
by Trader6127
BTCUSD [REVISED - PART 2] - 30% Cyclical Short Trade?Previously I issued a revised outlook for shorting BTC, but the range was less clear due to limited trade evidence so we exited the trade a few weeks ago (end of Jan): Now the trading range is a lot more clear. We can see a large continuation pattern emerging along the definition set by the overall trend (large wedge pattern on the weekly). We can short the market at this range ($3800-$3900) or wait for confirmation at $3319 to roll with breakout momentum. We can also use a mixed method approach by shorting at both locations. Keep the overall forecast in mind: Less accurate, but still important, keep the long-term trend in mind:
BITSTAMP:BTCUSDShort
by Trader6127