ETHUSD close below 1750 and she’s bleeding 🩸Ethereum Perpetual Futures forum
ETHUSD close below 1750 and she’s bleeding 🩸
ETHUSD Trade after break-out.
ETHUSD its starting….
ETHUSD 2100 has potential lets seeETHUSD sbe careful in this area of1776-1753 . definitely wouldnt short from here , wait for the break , close and retest of 1750 imo for shorts this low . although it does look promising that this is dropping soon with the the order block and fvgs above
ETHUSD what was that 5m candleETHUSD were not dropping be;low this level with no volume on a weekend ... we couldnt even drop below with major news event back to back .....
ETHUSD bullish case would be this current support zone holds. We'd then go back and retest previous support (now resistance) zone around 2,100. I think this is less likely given the current macro market situation but could always change as tariff negotiations go on. Would look at long positions with closes on the daily beginning around 1,920.
ETHUSD 1,540 is the 1.618 fib level and would expect a decent bounce from there if hit. The next level is 1,190 at the 2.618 level.1,540 is the target for my current short and would keep us in this downtrend channel we've been in since December 2024.
