I've shorted ETC from 19th until last night, I didn't close the short when I was in good profit because I was waiting for a deeper dump. Yesterday I closed at risible profit because I was unsure about the daily opening (better this than loss).
However current price action is showing more bearishness and price is piercing out of this rising wedge so this might easily be a green light for another short, a revenge short if you want. I'd check 25.37 USDT level, a 4h close below that price it's a confirmation of breakdown
Indicators are bearish, you can either short and exit at TP1 or even do it in two steps so TP1 and TP2. Off course I'm still deciding whether to wait for confirmation or enter right now, do as you wish.
However current price action is showing more bearishness and price is piercing out of this rising wedge so this might easily be a green light for another short, a revenge short if you want. I'd check 25.37 USDT level, a 4h close below that price it's a confirmation of breakdown
Indicators are bearish, you can either short and exit at TP1 or even do it in two steps so TP1 and TP2. Off course I'm still deciding whether to wait for confirmation or enter right now, do as you wish.
Nota
I entered without waiting for hte ocnfirmation because my gut said so and so far so goodNota
So, I've just closed my short at my first TP area because today I'll won't be home much time so I won't be able to monitor the situation. Basically I locked the profit as few days ago I didn't and I lost 90% of my profit for this reason. Yesterday close hints at more downside but if bounces upward I'll enter with another short when I come back
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As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.