🔥I booked profit from $ETH short 🤑🤑
And I opened $6000 margin Short Trade😱
$ETH breaks below its monthly trendline and now bouncing back after a breakdown…
so if it reclaims june 2022 trendline on monthly TF then continuation higher is likely to 32k - 77k area on this cycle….
if it doesn’t reclaim the key trendline on monthly TF then it will go for a final test of 1180$ - 1070$ support
(around its channels bottom) before the reversal to the channels top again around 32k - 77k….
i’m still holding what i bought at price around 1736$….
and i’ll add more only if it gives a test of channels bottom….
lets see
how $ETH will go your thoughts??
And I opened $6000 margin Short Trade😱
$ETH breaks below its monthly trendline and now bouncing back after a breakdown…
so if it reclaims june 2022 trendline on monthly TF then continuation higher is likely to 32k - 77k area on this cycle….
if it doesn’t reclaim the key trendline on monthly TF then it will go for a final test of 1180$ - 1070$ support
(around its channels bottom) before the reversal to the channels top again around 32k - 77k….
i’m still holding what i bought at price around 1736$….
and i’ll add more only if it gives a test of channels bottom….
lets see
how $ETH will go your thoughts??