ETH - Spot entry

3 июн. 2021 г.

This is NOT a trade. This is intended for spot entries if you are looking for longer term holding investment

-We have now long consolidated above previous pivot points and above the values where most volume was prior to the moonshot to 4k.
-We are now nearly out of this new range (Green circled volume profile).
-By breaking 2.8k with confidence there stands nothing until at least 3.2k (Between arrowed red lines volume profile) I'd say a relatively safe and easy entry to step into the market with spot buys.
-Only a sudden black swan event would take the market to lower lows into the range where a lot of volume was traded previously. (Under the circled volume profile)

4 июн. 2021 г.

Заявка отменена

Price as of writing = 2814

2.8k is broken on low volume. Reaching up to 2870-2890

Hedging short until more volume starts kicking in on pumps is one of the better moves right now

4 июн. 2021 г.

Сделка активна

Price as of writing = 2698

From here on we reset and start looking for longs and exit our short hedge once the volume kicks in on pumps. By having hedged, we now have practically a better entry (2814-2608=100usd) even though we had already entered spot 2.7k previously.