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MarcusCorvinus

$ETH just broke the support trendline and the dump followed exactly as expected



We already locked in around 3% from the move

Momentum is clearly shifting down after the breakdown

If current support fails
Next target sits at the lower support zone

Market still looks weak, so pressure can continue

Stay locked in for more setups and updates
ETH1.49%
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Front-RunningArbitrage
· 05-01 08:57
It feels like this breakdown is cleaner than the last one; if the support fails, the impact could be significant.
View OriginalReply0
RevokingPermissionsOnARainy
· 04-30 02:48
Waiting for the update to see if there's a rebound to short.
View OriginalReply0
CandleLibrarian
· 04-29 23:12
weak market 里别乱抄底，跟着趋势走
Reply0
LimitOrderAtTheCrater
· 04-29 06:48
Wait for the support test of the lower level, if broken, then go short again.
View OriginalReply0
GateUser-f7b40cee
· 04-29 06:43
Breaking below the trend line is indeed quite standard, taking a 3% profit feels comfortable.
View OriginalReply0
GateUser-e84f640c
· 04-29 06:41
This one is a safe bet, and the next target position is ready to place an order.
View OriginalReply0
GateUser-4cc35c5c
· 04-29 06:32
The market is so weak, the bears can still enjoy a little more of a rally.
View OriginalReply0
PublicBlockchainUnderTheAurora
· 04-29 06:31
The risk of shorting after momentum weakens isn't small; I prefer to wait for a rebound before trying again.
View OriginalReply0
QuietAirdropper
· 04-29 06:26
3% Although not much, being able to lock in profits in this market condition is a win
View OriginalReply0
BoringButBullish
· 04-29 06:26
The limit order has already been placed in lower support; don't make me wait too long.
View OriginalReply0
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