ETH Short Setup Continuation London OpenDay's Bias: Bearish
Plot:
Asian Range High Takeout onto a GAP.
Price induces and creates several LTF liquidity in a form of Long Inducements.
Short Setup Occurs and still keeping HTF Swing High.
SL at $1281.30 including spreads for some broker such as EightCap.
TP set to $1169.80 or I will be closing the trade by end of NY Session.
ETHPERP
EHT will go down soonas I mentioned before these green days of market are just traps for bulls.
try not to be emotional and wait till the reall bullrun starts.
eth will go to 1700-1800 first and it will fall as F...
I prefer not to ong anythung till I see my entry price for ETH and BTC and other altcoins.
the last punch of the market has been saved for us and after that we will see beautifull days.
Im hojjat and I am new here so make me happy by following , sharing and like my ideas.
THANK YOU.
Ethereum (ETH) • The Fork rally & ongoing carry futures tradeIn this video I discuss the ongoing strong ETH rally and some of the components that is make it a very strong one.
ETH is hitting here some resistance in the books and there is aggressive short selling in the forward futures market (not the perpetual swaps)
The video goes through that is going with Futures and why it is in backwardation.
Everyone is very keen for the the 16th September and get those free coins from the fork... only to dump them after.
Expect huge volatility around those dates.
Watch the video for more details and HIT THE LIKE !
ETH/USD LONGHi everyone!
Hope you all are having a great trading week. Posting a trade from 2 days ago for ETH.
We were reaching a supply level of $1360 by the end of NY session and considered LONGS for beginning of Asian session and further.
ETH first grabbed liquidity below $1360 levels and then created a Break of Structure pattern by tapping $1400 level, retracing after to our point of interest at $1370.
Trade entered at $1372 with a RR of 8.5 to 1. Stops were placed safely below last point of demand and our target was highs of previous NY session at $1530.
Total time in a trade 21 hrs, TP triggered at $1530.
Please follow to stay up to date with our trade ideas!
Cheers,
Cryptonyx Capital