$ETH - SELL bias
$ETH : the 1-hour and 4-hour momentum indicators are diverging.
Part of this strategy has already played out today. The current price is no longer where it was before, and I’m adjusting my position size accordingly.
One indicates a stable trend at 50, while the other shows a bearish trend at 42, pulling the pair in opposite directions. What interests me here is that the stop is at 0.7% while the price is already in the zone.
Have you ever noticed how conflicting signals like these eventually resolve themselves?
TRADING PLAN
Entry zone: 2331,04 - 2334,1 (ref. 2333,03)
TP1: 2315 (+0,77 %)
TP2: 2300 (+1,42 %)
TP3: 2 289 (+1,89 %)
Stop loss: 2 349,17 (-0,69 %)
⚠️ Personal market analysis, not investment advice. Do your own research (DYOR).
$ETH : the 1-hour and 4-hour momentum indicators are diverging.
Part of this strategy has already played out today. The current price is no longer where it was before, and I’m adjusting my position size accordingly.
One indicates a stable trend at 50, while the other shows a bearish trend at 42, pulling the pair in opposite directions. What interests me here is that the stop is at 0.7% while the price is already in the zone.
Have you ever noticed how conflicting signals like these eventually resolve themselves?
TRADING PLAN
Entry zone: 2331,04 - 2334,1 (ref. 2333,03)
TP1: 2315 (+0,77 %)
TP2: 2300 (+1,42 %)
TP3: 2 289 (+1,89 %)
Stop loss: 2 349,17 (-0,69 %)
⚠️ Personal market analysis, not investment advice. Do your own research (DYOR).
