Bringing you today's #DemexSignals
Bear Trade Idea - $ETH / $USD
💡 Rationale: The previous unemployment rate showed that the job market remains strong, which likely means that the Feds will continue to being adamant about rate hikes.
Read on. 👇🏻
Bear Trade Idea - $ETH / $USD
💡 Rationale: The previous unemployment rate showed that the job market remains strong, which likely means that the Feds will continue to being adamant about rate hikes.
Read on. 👇🏻
With NASDAQ and SPX making new lows, the overall macro trend remains bearish and crypto is likely to follow the downtrend for now with the occasional rallies. The upcoming CPI read on 13th October will determine where the market will move next. If inflation remains high...
..., it is possible that ETH exits this range and breaks below the support towards $1000.
⚡️ Execution:
▫️ Limit short entry around $1320.
▫️ Stop loss around $1415.
🏹 Take profit at key areas:
$1125
💰 Risk reward:
Around 2x from $1320 to $1125 (next key area).
▫️ Limit short entry around $1320.
▫️ Stop loss around $1415.
🏹 Take profit at key areas:
$1125
💰 Risk reward:
Around 2x from $1320 to $1125 (next key area).
Trade these signals right now! app.dem.exchange/trade/ETH_USD
⚠️ Disclaimer ⚠️
Please do your own research before carrying out trades. Cryptocurrencies and digital tokens are subject to high market volatility and risk, and are out of the Demex’s control and sphere of influence. Demex shall not be liable to any losses or damages.
Please do your own research before carrying out trades. Cryptocurrencies and digital tokens are subject to high market volatility and risk, and are out of the Demex’s control and sphere of influence. Demex shall not be liable to any losses or damages.
#DemexSignals #Demex #DemexOnCosmos #OrderBookDEX #CryptoTrading #CryptoTraders #CryptoSignals #TradingSignals
• • •
Missing some Tweet in this thread? You can try to
force a refresh
