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Levelshort

ETHUSDT is creating a descending channel The price is creating a descending channel on the daily resistance after a bounce on the 0.5 Fibonacci level on the Monthly chart. The price got rejections from the 3k resistance, it's a key level. On the 4h timeframe the price is testing the resistance on 2700$ and the market got rejections from that are. How to approach? For a bullish scenario, I'd like to see a clear breakout from the dynamic resistance and daily resistance on 3k. Otherwise, if the price is going to lose the weekly support and retest the support as new resistance we could see a new short impulse. Next valid support is 2k ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
02:51
by InkyGrip
Updated
44
BTC/USD - short flag?There's an assumption. That we see a flag to continue down. And that would be a good point in the shorts. to hide the stop loss at $7,000. blue flag marked. r/r 1/9 Push like if you think this is a useful idea! Before to trade my ideas make your own analysis. Write your comments and questions here! Thanks for your support!
BITMEX:XBTShort
by mr_kosovskiy
66

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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