Hello Traders and Investors,
This is the next trade I am looking to take for Ethereum. There is a chance we get one more push up to $1650 before we push further down. If that happens I'll average into the short position. I am currently in this short at $1590.
$1650 is a minor strong resistance.
$1470 is a major strong support.
This trade is pretty straight forward. Since the stop loss is further away, this trade will be a small position.
Let me know what you think.
This is the next trade I am looking to take for Ethereum. There is a chance we get one more push up to $1650 before we push further down. If that happens I'll average into the short position. I am currently in this short at $1590.
$1650 is a minor strong resistance.
$1470 is a major strong support.
This trade is pretty straight forward. Since the stop loss is further away, this trade will be a small position.
Let me know what you think.