The BTC idea I shared earlier—this round we’re safely taking the profits. The undertow is moving on the 4-hour chart; when I see divergence, I position myself on the short side. $ETH has bounced up into the resistance zone but is clearly struggling to breathe, and the volume/energy isn’t expanding continuously. In this situation, I prefer to align with the short-term structure for the setup.
We don’t need to make trading too complicated. When the price shows weakness exactly where it should drop, then we respect what the market is saying. I’m watching the downside space for this trade; we’ll talk about anything else only after the rebound stands above the key level.
🔴 Trade Direction: Short
📍 Entry Range: 1916.90 – 1917.72
🛑 Stop Loss: 1930.34
🎯 Take Profit 1: 1907.53
🎯 Take Profit 2: 1901.02
🎯 Take Profit 3: 1891.24
In still waters, deep knowledge lies far-reaching. The market rises and falls with calm confidence.
Walk with Fei Jie, and read the pulse of wealth as the tide surges.
#ETH
Click below to trade 👇
We don’t need to make trading too complicated. When the price shows weakness exactly where it should drop, then we respect what the market is saying. I’m watching the downside space for this trade; we’ll talk about anything else only after the rebound stands above the key level.
🔴 Trade Direction: Short
📍 Entry Range: 1916.90 – 1917.72
🛑 Stop Loss: 1930.34
🎯 Take Profit 1: 1907.53
🎯 Take Profit 2: 1901.02
🎯 Take Profit 3: 1891.24
In still waters, deep knowledge lies far-reaching. The market rises and falls with calm confidence.
Walk with Fei Jie, and read the pulse of wealth as the tide surges.
#ETH
Click below to trade 👇