One Reason to Long ETH (short term)

7 ก.ย. 2018

With ETHUSDSHORTS at an all-time, this looks to be a good counter trade. The last 2 times the shorts peaked, ETH had pumps of around 20-25% in subsequent days. If that trend were to follow, look for ETH to pump to 260-270 levels. Buy point is ~215, sell point ~260. Pretty tight stop loss (5%) of 195 as ETH looks bearish overall still.