Hello all friends,
hope you are well,
Welcome back to another premium analysis, today we will discuss about Ethereum movement,
as you know Ethereum lead alt market always. right know Eth tap double top & within next 2 days weekly will close.
this weekly closing decide next market structure. overall whole stocks are bearish & 1 more leg down is coming. but Eth structure is very clear if weekly candle close below the double top you need to open short trade with stop loss above 1700$ as per your risk management. you should use stop loss must.
your take profit target should be weekly low around 1000$.
avoid long trading because long are not save here. try to short on all the alt market including $BTC.
#BTC Chart already shared you can see.
i hope i have explained & you understood completely.
have a good trading journey stay tune with me & ask question.
hope you are well,
Welcome back to another premium analysis, today we will discuss about Ethereum movement,
as you know Ethereum lead alt market always. right know Eth tap double top & within next 2 days weekly will close.
this weekly closing decide next market structure. overall whole stocks are bearish & 1 more leg down is coming. but Eth structure is very clear if weekly candle close below the double top you need to open short trade with stop loss above 1700$ as per your risk management. you should use stop loss must.
your take profit target should be weekly low around 1000$.
avoid long trading because long are not save here. try to short on all the alt market including $BTC.
#BTC Chart already shared you can see.
i hope i have explained & you understood completely.
have a good trading journey stay tune with me & ask question.