Range holding while sellers quietly stack below.
🔴 SHORT $ETH /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 2228.10 – 2233.88
TP1: 2179.17 (-2.3%)
TP2: 2144.62 (-3.9%)
TP3: 2092.79 (-6.2%)
SL: 2300.09 (+3.1%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Why SHORT? 7/12 signals agree, 0 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 27.5)
My read on ETH today
I'm watching ETH and I want to see price reject the entry zone at 2228.10 to 2233.88. The 1h price is 2230.99, and the 4h trend shows price below the EMA50 and EMA200 with a bearish stack. The strongest supporting factor is the 4h trend showing a bearish stack, meaning the swing trend is down. The main risk is the daily trend is range, meaning the big-picture trend is undecided.
Where do you take profit on this short?
🔴 SHORT $ETH /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 2228.10 – 2233.88
TP1: 2179.17 (-2.3%)
TP2: 2144.62 (-3.9%)
TP3: 2092.79 (-6.2%)
SL: 2300.09 (+3.1%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Why SHORT? 7/12 signals agree, 0 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 27.5)
My read on ETH today
I'm watching ETH and I want to see price reject the entry zone at 2228.10 to 2233.88. The 1h price is 2230.99, and the 4h trend shows price below the EMA50 and EMA200 with a bearish stack. The strongest supporting factor is the 4h trend showing a bearish stack, meaning the swing trend is down. The main risk is the daily trend is range, meaning the big-picture trend is undecided.
Where do you take profit on this short?
