Ethereum is moving up rapidly, however this could be the blowoff top. This trade is extremely crazy and is based off of data that is not very accurate.
1. Potential trapped buyers may get out creating selling pressure
2. Lack of big retail shorters creating buying pressure.
I'm posting this because this is an actual trade I am taking. Extremely high chance to be wrong, however, reward is great.
Just my current thoughts.
1. Potential trapped buyers may get out creating selling pressure
2. Lack of big retail shorters creating buying pressure.
I'm posting this because this is an actual trade I am taking. Extremely high chance to be wrong, however, reward is great.
Just my current thoughts.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.