The ETH trading setup appears favorable for a short position. The MACD indicator has shown a crossover, and with an appropriately sized stop loss, the setup offers a potential 1.5 times risk-to-reward ratio.
M.J.
X - @TradeWithMJ
X - @TradeWithMJ
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.
M.J.
X - @TradeWithMJ
X - @TradeWithMJ
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.