Ethereum is approaching a potential breakdown from its current channel. A short swing trade setup with a 2.2 risk-to-reward ratio is forming. Wait for a confirmed break below the channel before entering.
Entry: $2,553
Stop Loss: $2,680
Target: $2,266
This is for educational purposes only.
Entry: $2,553
Stop Loss: $2,680
Target: $2,266
This is for educational purposes only.
Trade active
Set your stop loss to breakeven — ETH appears to be preparing for a dead cat bounce.Order cancelled
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.
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.