March 11, 2021
I shamelessly deleted my bottom ascending trend line on this ETHUSD pairing to adjust for some near-term, bullish, consolidation that is happening.
This consolidation is making the price-target higher, but pushing out the timing.
On this 4hour chart, closing candles are holding the 25day moving average, and wicking down to the 40day moving average.
I drew that squiggly green arrow for reference only, to help visualize the idea.
I doubled-down my 2X leveraged position last night during the mini consolidation "dip", decreasing my liquidation price. Feels good. I'm currently still "in-the-money".
Now looking at the 2200 - 2700, still, within the next two weeks.
Let's see how this plays out.
Hit the LIKE and leave a comment!
All the best,
Happy and safe trading,
- Cryptmando
March 11, 2021
I shamelessly deleted my bottom ascending trend line on this ETHUSD pairing to adjust for some near-term, bullish, consolidation that is happening.
This consolidation is making the price-target higher, but pushing out the timing.
On this 4hour chart, closing candles are holding the 25day moving average, and wicking down to the 40day moving average.
I drew that squiggly green arrow for reference only, to help visualize the idea.
I doubled-down my 2X leveraged position last night during the mini consolidation "dip", decreasing my liquidation price. Feels good. I'm currently still "in-the-money".
Now looking at the 2200 - 2700, still, within the next two weeks.
Let's see how this plays out.
Hit the LIKE and leave a comment!
All the best,
Happy and safe trading,
- Cryptmando
March 11, 2021