Short ETH resistance -> target support. 4hr
Updated
Reasons to short:
Strategy:
Risk/Reward Ratio = 3.39 or 5.07
Entry: around 0.021382
Stop loss: 0.021882
Target 1: 0.019641
Target 2: 0.018970
Please keep in mind that this is short term trade while I still keep my long term LONG position open on ETH.
Please follow and smash the like button to support my work and see even more free TA :)
Trade safe!
- Second touch on major resistance.
- Bullish RSI divergence.
- RSI oversold, needs to cool off.
- Bullish volume is dropping
- Decent R/R.
Strategy:
Risk/Reward Ratio = 3.39 or 5.07
Entry: around 0.021382
Stop loss: 0.021882
Target 1: 0.019641
Target 2: 0.018970
Please keep in mind that this is short term trade while I still keep my long term LONG position open on ETH.
Please follow and smash the like button to support my work and see even more free TA :)
Trade safe!
Trade closed: stop reached
Aaaand I got stopped out :)
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