I dont short Crypto, but if i did....... ETH is on the list!
I trade crypto and stocks on a long only portfolio, if I have a short bias, I am flat.
However, looking at ETH on a momentum play.... this could be interesting. If ETH can push below every major momentum moving average, momentum could really push this into a big volatile sell off.
Fundamentally, I like this play, I have a strong dislike for ETH, I don’t think it’s got the same appeal as other altcoins, there’s no real buzz about it.
The risk to any ETH shorts is, I am long only crypto and believe BTC will hit 100k in 2025, will ETH piggyback onto some of that momentum? probably.
If there’s a convincing close below my level, not a quick spike, then ETH could be a good short term short. Get the trade into breakeven and take profits on any big volatile moves down.
However, looking at ETH on a momentum play.... this could be interesting. If ETH can push below every major momentum moving average, momentum could really push this into a big volatile sell off.
Fundamentally, I like this play, I have a strong dislike for ETH, I don’t think it’s got the same appeal as other altcoins, there’s no real buzz about it.
The risk to any ETH shorts is, I am long only crypto and believe BTC will hit 100k in 2025, will ETH piggyback onto some of that momentum? probably.
If there’s a convincing close below my level, not a quick spike, then ETH could be a good short term short. Get the trade into breakeven and take profits on any big volatile moves down.
تم حذف الأمر
No entry found. Trade idea cancelled.
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.