ETHUSD looking heaving in the short term
Updated
Going short on Ether with that large wick that bounced off resistance and came back below 78.6 fib level, lots of buyers trapped that will mass exit their position as soon as we start dumping. A 78.6 retracement and a retest of the POC level seems logical.
Also see that tensorcharts chart below and note that green line that shows sooo much market buying (meaning lots of limit orders getting filled).
tensorcharts.com/s/ByxdLaTI
Also see that tensorcharts chart below and note that green line that shows sooo much market buying (meaning lots of limit orders getting filled).
tensorcharts.com/s/ByxdLaTI
Trade closed manually
Closed short at 224.7 capturing a 3.62% price move with 10x leverage. Going long now
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