Ethereum has to gain momentum before new highs. Price heading to the "point of control".
Sell at 1560, buy after reversal around 1300
Sell at 1560, buy after reversal around 1300
Trade active
Nice jump exactly from 1400, now heading to point D.
Sell / open shorts on 1550
TP 1: 1305
TP2 : 1150
TP3 : 1070
DO NOT open longs before reversal, you dont want to catch a falling knife
Note
Always use Stop LossFor the 1550 short entry, put an SL above 1600
Trade active
I see the price topping at 1575.I sold.
Trade closed: target reached
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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.