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Ethereum / Bitcoin
Short
Updated

ETH shorting resistance touch

323
Shorting this resistance touch on ETH.
Reasons:
  • Bearish RSI 4hr
  • Dropping volume
  • Can't hold support


Strategy:
R/R = 1.81 or 2.46
Entry: 0.021400
Stop: 0.022385
Target: 0.019666

Trade safe friends!


Trade closed manually
Closed position at tiny profit (enough to cover fees). Will wait for a second resistance touch. There might be another push up before the retrace.
TheDinoChart
Also on:
ALTScryptoCryptocurrencycryptotradingETHETHBTCEthereum (Cryptocurrency)ETHUSDSupply and DemandSupport and ResistanceTrend Analysis

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
ALTScryptoCryptocurrencycryptotradingETHETHBTCEthereum (Cryptocurrency)ETHUSDSupply and DemandSupport and ResistanceTrend Analysis
TheDinoChart
Also on:

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.