ETH keeps printing lower, but the daily trend says otherwise.
🔴 SHORT $ETH /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 2577.60 – 2582.16
TP1: 2539.00 (-1.6%)
TP2: 2511.74 (-2.6%)
TP3: 2470.86 (-4.2%)
SL: 2634.39 (+2.1%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Caution: counter-trend setup against the bigger trend, only 5 signals confirm it. Size down, respect the stop.
Why SHORT? Leaning call, 5/12 signals agree, 2 against, 5 undecided.
• 1h trend: price < EMA50 < EMA200, bearish stack → the short-term trend is down
• Trend strength (ADX/DI, 15m): ADX 57.6 with sellers in control (DI+ 5.8 vs DI− 52.0) → sellers are driving the move
• BTC backdrop: BTC trend is bearish and correlation is 0.82 → BTC is falling and this coin tends to follow
Risk: 1h RSI: 19.7, oversold: weak but stretched → price is washed out, bounces are common from here
If it plays out:
If this plays out, the 1h price continues sliding and the 1h RSI stays oversold, targeting the entry low of 2577.60 and then 2539.00.
If it fails:
A daily bullish stack with price above the EMA50 would prove it wrong, so I would exit and wait.
Where are you taking profit if you are short here?
Levels mapped on the chart below.
📲 Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
🔴 SHORT $ETH /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 2577.60 – 2582.16
TP1: 2539.00 (-1.6%)
TP2: 2511.74 (-2.6%)
TP3: 2470.86 (-4.2%)
SL: 2634.39 (+2.1%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Caution: counter-trend setup against the bigger trend, only 5 signals confirm it. Size down, respect the stop.
Why SHORT? Leaning call, 5/12 signals agree, 2 against, 5 undecided.
• 1h trend: price < EMA50 < EMA200, bearish stack → the short-term trend is down
• Trend strength (ADX/DI, 15m): ADX 57.6 with sellers in control (DI+ 5.8 vs DI− 52.0) → sellers are driving the move
• BTC backdrop: BTC trend is bearish and correlation is 0.82 → BTC is falling and this coin tends to follow
Risk: 1h RSI: 19.7, oversold: weak but stretched → price is washed out, bounces are common from here
If it plays out:
If this plays out, the 1h price continues sliding and the 1h RSI stays oversold, targeting the entry low of 2577.60 and then 2539.00.
If it fails:
A daily bullish stack with price above the EMA50 would prove it wrong, so I would exit and wait.
Where are you taking profit if you are short here?
Levels mapped on the chart below.
📲 Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
