ETH / USD Short Opportunity.
ETH / USD Short opportunity, based upon expected rejection of the 99MA Level, after closing at the level and wicking above. FIB Retracement Level 3% above entry level also acts as another form of resistance and this is where my Stop Loss is placed. On the 4H and 1H the price is showing rejection and consolidating, struggling to break the MA level. RSI is also approaching overbought.
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