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Ethereum / TetherUS
Short
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Short ETH

735

ETH has fallen after the Merge. We can see that the bearish flag was broken down, in 1D TF.

RSI's trendline was also broken which increases the probability that prices will continue the down direction.

In 1W TF, the previous support (now becoming the new resistance) was lost. Logicaly, ETH would revisit the currect support where I put the final target for this trade.

Here below is the view in 1W TF:

snapshot



Transaction en cours
TP1 $1220 was hit.
Trade fermée manuellement
BTC and the whole market is strong. Better close trade here and wait for a reactivation later.
Transaction en cours
Trade reactivated
Trade fermée manuellement
Trade closed because BTC has some early sign to breakout
specially with MFI (to be confirmed)

snapshot
Transaction en cours
BTC is weak although stock has risen.
Trade fermée manuellement
Trade closed waiting for better entry and condition.
evasivesteering
Aussi sur:
Bearish FlagETHFlagSupport and ResistanceTrend Lines

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Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Bearish FlagETHFlagSupport and ResistanceTrend Lines
evasivesteering
Aussi sur:

Publications connexes

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.