Ethereum - in 3rd quarter - SHORT

I use the wave structure and SMC method to make a judgment of ETH in the third quarter of 2023 as follows:

• 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

評論:

The nearest ETH price target is area 172x-174x

交易進行

評論:

I see ETH has just swept liquidity and filled imbalance area at H1 (192x)

評論:

ETH price is reacting well and going down

評論:

The price is below 1990 ( updated 1893). Profitable first step

交易進行:

Comeback profit (Below 1890). Happy Trading!

評論:

I still keeping this short position tight with ETH and BTC

交易進行:

ON PLAN to make profits

交易進行:

Running profit (at least 50u/1ETH)

交易進行:

Continuing for Short position today

評論:

The lowest price in H4: 1829
>> I still holding the Short position

交易進行:

Recommend to add a short order at 1871-1872 price zone (current price)

評論:

everything about ETH still on plan! so tigh

交易進行:

ETH and BTC is dump and running profit --- Cheer guys!

交易進行:

updating price: 1797. Running to target 1 172x-174x

交易進行:

Done target 1 172x-174x. I will wait for a slight upward correction to continue for SHORT 2

評論:

DONE SHORT 2 early. ETH BTC down faster than expected.

交易進行:

BTC1 on CME has been filled GAP. Recommend SHORT at 171x-172x