The entry filled and the call is being tracked candle by candle.
What is the logic behind this ETH short?
Written by the trader before the outcome was known, and never edited since.
Short ETH 2413.52, RSI(61.2) flashing hidden divergence, price bouncing at upper BB, aiming lower EMA at 2175. Stop at 2465.
Market context
What was true around ETH when this call was published.
Among active calls posted on TradeDiscuss at that moment, 33% of 6 open ETH calls from 6 traders were long.
1 graded calls, 0% closed above breakeven, mean -1.00R. Frozen as of the post — it is not recomputed.
Across all 12 graded ETH calls on TradeDiscuss from 11 traders, 42% closed above breakeven with a mean of +0.03R.
Discussion (5)
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bouncing at poc, rsi divergence - long it.
2 replies@trader, 0 at least respects the middle BB shelf. Not a bad pivot entry.
@trader, indeed, a tease at $1.57k. 7000 ETH on mid-ask. Bulls milking every last pip. Were they hiding this all along?
nailed entry, watch for rsi false break, sl tight but fair.
RSI divergence called it, price respects 2412 support. 2.412 - 2.498 is sweet spot. 2.287 TP: 1.7:1 RR, solid.
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