ETHUSD REACHED NEW HIGH - SHORT OPPORTUNITY
TRADING IDEA - ETHUSD REACHED NEW HIGH - SHORT OPPORTUNITY📉
The same as BTCUSD, ETHUSD has reached a new maximum at 3.083.52. After that the asset went sideways, waiting for some impulse. I see strong divergence on 4h timeframe on RSI and expect a decline within next 24-48 hours. Basically, it is the same story here as with the bitcoin, cause the nature of the recent hike is also the same. So, I put a
🔽 a market sell order at 2977.94 with
❌a stop loss at 3183.83 and
🤑a take profit at 2718.11
It is a counter-trend trade, so it's a bit more risky than usual.
Trade cautiously! Preserve your deposits!
