Ethereum - in 3rd quarter - SHORT
Updated
I use the wave structure and SMC method to make a judgment of ETH in the third quarter of 2023 as follows:
To sum up, I am giving a view of ETH as going down sharply in the third quarter of 2023.
This is my personal opinion and is based on my experience in trading with Smart Money Concepts trading strategy and wave structure. I look forward to receiving your comments with this idea of mine
- Currently, I see that ETH price has moved from an Rally Phase to a Drop Phase and has retested the target price area with GAP at 20xx.
- In the 3rd quarter of 2023, the market does not have much good support news for Crypto, I am taking a short-term view for ETH possibly towards the target price area 172x-174x. the next price area is 165x. And the extreme value area is 1400 (in this case, BTC price can drop below 25k and on way to fill the GAP of CME's BTC1 Chart).
To sum up, I am giving a view of ETH as going down sharply in the third quarter of 2023.
This is my personal opinion and is based on my experience in trading with Smart Money Concepts trading strategy and wave structure. I look forward to receiving your comments with this idea of mine
Note
The nearest ETH price target is area 172x-174xTrade active
Note
I see ETH has just swept liquidity and filled imbalance area at H1 (192x)Note
ETH price is reacting well and going downNote
The price is below 1990 ( updated 1893). Profitable first stepTrade active
Comeback profit (Below 1890). Happy Trading!Note
I still keeping this short position tight with ETH and BTCTrade active
ON PLAN to make profitsTrade active
Running profit (at least 50u/1ETH)Trade active
Continuing for Short position todayNote
The lowest price in H4: 1829>> I still holding the Short position
Trade active
Recommend to add a short order at 1871-1872 price zone (current price)Note
everything about ETH still on plan! so tighTrade active
ETH and BTC is dump and running profit --- Cheer guys!Trade active
updating price: 1797. Running to target 1 172x-174xTrade active
Done target 1 172x-174x. I will wait for a slight upward correction to continue for SHORT 2Note
DONE SHORT 2 early. ETH BTC down faster than expected.Trade active
BTC1 on CME has been filled GAP. Recommend SHORT at 171x-172x
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