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ETHUSD H1: XABCD Bears SHORT IT 15%/20% gains(SL/TP)(NEW)

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COINBASE:ETHUSD   اثيريوم
ETHUSD H1: XABCD Bears SHORT IT 15%/20% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because this is a speculative
BEARISH rising wedge pattern.


🔸 Summary and potential trade setup
::: ETHUSD 1hour chart review/outlook
::: setup still valid as of right now
::: XABCD BEARS setup 127 at 1525 USD
::: bearish pattern setup
::: noteworthy PRICE/RSI10 DIV as well
::: SHORT IT from overhead
::: SL close to 1600 USD
::: recommended strategy: SHORT IT point D/PRZ
::: SL 1600 USD TP1 +15% TP2 +20% gains
::: reversal pattern setup
::: expecting BEARS to take over from D/PRZ
::: also noteworthy that
::: it's anniversary of a 50%+ DUMP SOON
::: ETHUSD sold off 50%+ 15th FEB - 15th MAR 2020
::: so recommend to be extra careful next few
::: weeks as price is very unstable near ATH
::: overbought / so expecting correction
::: good luck traders!
::: SHORT IT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/PULLBACK
::: Sentiment outlook short-term: BULLS/D/PRZ
أغلقت الصفقة: تم الوصول لوقف الخسارة:
SETUP FAILED

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