ETH is in a zone that needs observation: the 4h trend is leaning SHORT, while the 15m RSI at 51.5 may create short-term volatility.
$ETH – SHORT
Trading plan:
Entry: $2,459.74 – $2,461.20
SL: $2,467.73
TP1: $2,447.41
TP2: $2,441.12
TP3: $2,433.86
Why this setup?
• The 4h trend is SHORT, with EMA20 at $2,459.33 and EMA50 at $2,461.10, confirming downward momentum.
• The 15m RSI is 51.5; the 4h RSI is 62.6, so we need to wait for price reaction at the entry zone.
• The 1h ATR is $4.8379; TP1 is set based on a 1.8 risk/reward ratio.
Discussion:
Will short-term momentum be enough to confirm the move toward TP1, or will price sweep the SL zone before continuing?
Click here to trade 👇
$ETH – SHORT
Trading plan:
Entry: $2,459.74 – $2,461.20
SL: $2,467.73
TP1: $2,447.41
TP2: $2,441.12
TP3: $2,433.86
Why this setup?
• The 4h trend is SHORT, with EMA20 at $2,459.33 and EMA50 at $2,461.10, confirming downward momentum.
• The 15m RSI is 51.5; the 4h RSI is 62.6, so we need to wait for price reaction at the entry zone.
• The 1h ATR is $4.8379; TP1 is set based on a 1.8 risk/reward ratio.
Discussion:
Will short-term momentum be enough to confirm the move toward TP1, or will price sweep the SL zone before continuing?
Click here to trade 👇
