ETHFI Short Trade Setup
We will look for a short setup on ETHFI around 0.5320.
However, there are a few conditions before entering the trade:
- A bearish candlestick pattern should form near the resistance zone.
- We can see a wick up to around 0.58 without invalidating the setup, as long as the daily candle does not close above our invalidation level.
- The daily candle should not close above 0.5320.
- If these conditions are confirmed, I will consider the short setup.
If the setup plays out as expected, ETHFI could potentially move back toward the 0.40 level.
This is a conditional setup, so the trade will only be taken if the required confirmation appears.
By @AxperCryptoFree @CZ
$ETHFI
We will look for a short setup on ETHFI around 0.5320.
However, there are a few conditions before entering the trade:
- A bearish candlestick pattern should form near the resistance zone.
- We can see a wick up to around 0.58 without invalidating the setup, as long as the daily candle does not close above our invalidation level.
- The daily candle should not close above 0.5320.
- If these conditions are confirmed, I will consider the short setup.
If the setup plays out as expected, ETHFI could potentially move back toward the 0.40 level.
This is a conditional setup, so the trade will only be taken if the required confirmation appears.
By @AxperCryptoFree @CZ
$ETHFI