ETH is pointing down — and the 4h trend is not arguing.
Price is sitting below EMA50, and EMA50 is sitting below EMA200. That bearish 4h EMA stack is the whole story: the swing trend is down, so the path of least resistance from here is lower.
The short setup on $ETH:
Entry: 2013.97 – 2020.03
TP1: 1965.49 (-2.6%)
TP2: 1931.15 (-4.3%)
TP3: 1879.64 (-6.8%)
Stop loss: 2085.68 (+3.4%)
The plan is disciplined: close 50% at TP1, 25% at TP2 and the final 25% at TP3, and move the stop to entry as soon as TP1 is hit.
The charts agree — ETH is trading around 2,017, down 3.36% over 24 hours, with RSI 14 at 28.3 and the 1H plan rating this short at 74% confidence with 2.00R reward-to-risk.
So where do you see ETH heading from here — lower toward 1,965, or does the dip get bought?
Personal market analysis only. Not financial advice — manage your risk and DYOR.
Price is sitting below EMA50, and EMA50 is sitting below EMA200. That bearish 4h EMA stack is the whole story: the swing trend is down, so the path of least resistance from here is lower.
The short setup on $ETH:
Entry: 2013.97 – 2020.03
TP1: 1965.49 (-2.6%)
TP2: 1931.15 (-4.3%)
TP3: 1879.64 (-6.8%)
Stop loss: 2085.68 (+3.4%)
The plan is disciplined: close 50% at TP1, 25% at TP2 and the final 25% at TP3, and move the stop to entry as soon as TP1 is hit.
The charts agree — ETH is trading around 2,017, down 3.36% over 24 hours, with RSI 14 at 28.3 and the 1H plan rating this short at 74% confidence with 2.00R reward-to-risk.
So where do you see ETH heading from here — lower toward 1,965, or does the dip get bought?
Personal market analysis only. Not financial advice — manage your risk and DYOR.
