ETH UPDATE - Return to Entry Level, Short Trade Initiated

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In similar fashion to the Bitcoin trade today, here is details on my ETH Short Flash Crash idea.

For detailed information and explanation, please see my linked related posts made today.

Entry / Risk Management:

Entry - 4,460 to 4,480

Stop Loss - 4,800

Take Profits:

1) 3,400 - 20-50% Closure

2) 2,550 - 20% Closure

3) 1,650 - 40-60% Closure

4) 200 - 100% Closure

ETH may create a 3 wave corrective move - and I will be hedging with a long position from 1,600 to 3,000 - timed entry with Bitcoin hitting 35,000

I will buy SPOT ETH only at the range of 200-500

Yours truly,

- DD

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