ETH/USDT : Two ways to take Short on Ethereum

By Helical_Trades
ETHUSDT
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ETH has deviated above $1919 and now there's a chance for bears to locate their Short with trigger scenarios :

- Pullback scenario: If ETH went above $1919 for another deviation, Then you can locate your Short after it gets the closings below $1919,
Ideally, it's better to wait for secondary confirmation below the formed local low after the rejection below $1919.

- Rejection scenario: If ETH went below $1818 straight from here, Then you can locate your Short after it gets the closings below $1800.

For both scenarios, we'll use the current higher high as an invalidation point and both Shorts have the same final target!


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deviationETHetherEthereum (Cryptocurrency)ETHUSDETHUSDTpriceactionsupply_and_demandSupply and DemandSupport and ResistancesupportandresistancezonesTrend Lines
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