ETH has traded within a range from $1800 to $1965 over the past two weeks. Aggressive bears can wait for a rejection from $1965-$1980 region over the next 12 hours before looking to short.
A breakout past $2000 will invalidate the idea.
Entry: $1960
Exit: $1805
Stop-loss: $2010
R:R- 3
A breakout past $2000 will invalidate the idea.
Entry: $1960
Exit: $1805
Stop-loss: $2010
R:R- 3
Note
invalidation met but the price saw a reversal just above $2000 to drop back into the range
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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.