TradewithLu

#ETCUSD Short Term Trade Opportunity (Sell)

Short
BITFINEX:ETCUSD   Ethereum Classic
Action: Set limit sell orders between $7.715 and $7.456
Stop Loss: $8.053
Take Profit: $6.948
Order valid: 12 hours from publication

A double top is extremely likely here.

I am entering 50% of my position in the above zone and will wait for more bearish confirmation to enter the rest.

Disclaimer: This material should not be the basis for making investment decisions, nor be construed as a recommendation to engage in investment transactions, and is not related to the provision of advisory services regarding investment, tax, legal, financial, accounting, consulting or any other related services, nor is a recommendation being provided to buy, sell or purchase any good or product.

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