Morning Battle Report 09/17
ETH at $2,438; magnet is in position. The bounce up to the overhead stop-loss wall at $2,463 is blocked = short possible. If it breaks below the lower support pool at $2,366 = you can chase a short. Stay put in the middle.
Trading suggestions:
Wait for direction to be chosen. Bounce to the stop-loss wall $2,463 + 1H closes bearish (a bearish close) = short possible; break below the support pool $2,366 with increased volume = chase a short.
The market is currently in an invalidation period, so signals are unreliable. Reduce position size by half.
🌿 Zhao not disclosed | Not advice
#ETH # contract trading
Do you think this week will break support or hit the stop-loss wall? Comment and vote
ETH at $2,438; magnet is in position. The bounce up to the overhead stop-loss wall at $2,463 is blocked = short possible. If it breaks below the lower support pool at $2,366 = you can chase a short. Stay put in the middle.
Trading suggestions:
Wait for direction to be chosen. Bounce to the stop-loss wall $2,463 + 1H closes bearish (a bearish close) = short possible; break below the support pool $2,366 with increased volume = chase a short.
The market is currently in an invalidation period, so signals are unreliable. Reduce position size by half.
🌿 Zhao not disclosed | Not advice
#ETH # contract trading
Do you think this week will break support or hit the stop-loss wall? Comment and vote