Hi everyone,
This is a great very low risk high reward opportunity for a short in ETH. We just broke down from a bear flag and we are retouching the bottom of the flag before we get a big drop to the bottom of the larger channel around $115-120 level. Also the 50 EMA has been a very good signal in the past and it seems to be acting as resistance right now. We can keep a very tight stop loss (right now at .5%) so we can use leverage here
Feel free to share your opinions and ideas in the comment section
Best of luck and manage your risk wisely
This is a great very low risk high reward opportunity for a short in ETH. We just broke down from a bear flag and we are retouching the bottom of the flag before we get a big drop to the bottom of the larger channel around $115-120 level. Also the 50 EMA has been a very good signal in the past and it seems to be acting as resistance right now. We can keep a very tight stop loss (right now at .5%) so we can use leverage here
Feel free to share your opinions and ideas in the comment section
Best of luck and manage your risk wisely
註釋
Bigger channel:
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