Ethereum - in 3rd quarter - SHORT

I use the wave structure and SMC method to make a judgment of ETH in the third quarter of 2023 as follows:

• Currently, I see that ETH price has moved from an Rally Phase to a Drop Phase and has retested the target price area with GAP at 20xx.
  

• In the 3rd quarter of 2023, the market does not have much good support news for Crypto, I am taking a short-term view for ETH possibly towards the target price area 172x-174x. the next price area is 165x. And the extreme value area is 1400 (in this case, BTC price can drop below 25k and on way to fill the GAP of CME's BTC1 Chart).
  

To sum up, I am giving a view of ETH as going down sharply in the third quarter of 2023.

This is my personal opinion and is based on my experience in trading with Smart Money Concepts trading strategy and wave structure. I look forward to receiving your comments with this idea of mine

Kommentera:

The nearest ETH price target is area 172x-174x

Handel aktiv

Kommentera:

I see ETH has just swept liquidity and filled imbalance area at H1 (192x)

Kommentera:

ETH price is reacting well and going down

Kommentera:

The price is below 1990 ( updated 1893). Profitable first step

Handel aktiv:

Comeback profit (Below 1890). Happy Trading!

Kommentera:

I still keeping this short position tight with ETH and BTC

Handel aktiv:

ON PLAN to make profits

Handel aktiv:

Running profit (at least 50u/1ETH)

Handel aktiv:

Continuing for Short position today

Kommentera:

The lowest price in H4: 1829
>> I still holding the Short position

Handel aktiv:

Recommend to add a short order at 1871-1872 price zone (current price)

Kommentera:

everything about ETH still on plan! so tigh

Handel aktiv:

ETH and BTC is dump and running profit --- Cheer guys!

Handel aktiv:

updating price: 1797. Running to target 1 172x-174x

Handel aktiv:

Done target 1 172x-174x. I will wait for a slight upward correction to continue for SHORT 2

Kommentera:

DONE SHORT 2 early. ETH BTC down faster than expected.

Handel aktiv:

BTC1 on CME has been filled GAP. Recommend SHORT at 171x-172x