Ethereum has had a good bull run along with BTC. Everyone can notice it trails along with BTC i.e If BTC goes up, ETH follows along.
However, since BTC is in accumulation since yesterday, I see a potential short trade setup. We have weak support at 278.5$ on ETH, which if broken could retest previous support of 260$ or maybe even further down.
Getting down to the setup:
ETH Short Trade Setup
- Place a Stop order @ 277
- Max Leverage not more than 5x
- Take Profit 1 @ 265 (Close Half Position or Bring Stop Loss to 274
- Take Profit 2 @ 255 (Close Full Position)
- Wait for the next setup
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However, since BTC is in accumulation since yesterday, I see a potential short trade setup. We have weak support at 278.5$ on ETH, which if broken could retest previous support of 260$ or maybe even further down.
Getting down to the setup:
ETH Short Trade Setup
- Place a Stop order @ 277
- Max Leverage not more than 5x
- Take Profit 1 @ 265 (Close Half Position or Bring Stop Loss to 274
- Take Profit 2 @ 255 (Close Full Position)
- Wait for the next setup
Drop a like if you liked this setup & share with your peers
Dagangan ditutup: sasaran tercapai
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.