Short

EthUsd in wide channel. more possibility for short position.

Updated

According to the previous prediction, Ethereum started to move upwards in the form of a relatively wide channel after hitting a strong support point at $880, which in my opinion is a pullback, and if it is correct, there is a probability of 75% of the base price of the beginning of the channel as will test fairly. Unless, in the remaining 25% probability, we have an upward spike and breakout movement that will grow rapidly to the range of 2300$ to 2500$ that will be 50% to 61.8% Fibo retracement.

Note

I have move my stop loss to breakeven on 1820$

Trade closed manually

Phoenix64

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