Calmly look at the signals you’re sending—actually, the divergence signals are more reliable. This 4-hour move of $ETH has been pretty orderly. When it bounced back to the pressure zone, its momentum clearly weakened. The breakout didn’t happen, and the volume didn’t expand as it should.
What we fear most when trading is fighting the trend. Even though the short-term is currently oversold, the larger structure is bearish. A rebound is essentially giving away a position. I prefer to wait for a pullback and confirmation before shorting, with a clearly defined stop-loss—downside room is worth waiting for.
🔴 Trade direction: Short
📍 Entry zone: 2384.51 – 2390.82
🛑 Stop loss: 2457.31
🎯 Take profit 1: 2335.43
🎯 Take profit 2: 2300.61
🎯 Take profit 3: 2248.38
Still water runs deep with foresight; as the market rises and falls, it stays composed.
Join Sister Fei and together we’ll read the tides of wealth.
#ETH
Click below to trade 👇
What we fear most when trading is fighting the trend. Even though the short-term is currently oversold, the larger structure is bearish. A rebound is essentially giving away a position. I prefer to wait for a pullback and confirmation before shorting, with a clearly defined stop-loss—downside room is worth waiting for.
🔴 Trade direction: Short
📍 Entry zone: 2384.51 – 2390.82
🛑 Stop loss: 2457.31
🎯 Take profit 1: 2335.43
🎯 Take profit 2: 2300.61
🎯 Take profit 3: 2248.38
Still water runs deep with foresight; as the market rises and falls, it stays composed.
Join Sister Fei and together we’ll read the tides of wealth.
#ETH
Click below to trade 👇