$ETH Thunder over Water (解): Zhen above, Kan below. Thunder moves over water—first untie the knot. The 解 hexagram says not to rush into forcing a short; wait for price to run into resistance before acting.
Ethereum is currently around 2,296, hovering near short-term resistance. The 2,310–2,350 area above is resistance for a short-term rebound, and I wouldn’t chase a short in the middle of the range.
I’d rather wait for price to rise into that resistance zone before shorting:
Entry range: 2,310–2,350
Stop-loss: 2,420 (with some buffer beyond the structure)
Take-profit 1: 2,267
Take-profit 2: 2,235
Take-profit 3: 2,175
At the first take-profit, close half the position and move the stop-loss to breakeven. If price doesn’t rise to the entry zone, keep waiting. If the daily candle closes above 2,420, I won’t take the short.
Thunder moves to untie the knot. Do you think Ethereum will first surge to 2,350 and then drop, or head straight back down to test 2,235?
Follow me for updates. These are my personal views, not investment advice.
Ethereum is currently around 2,296, hovering near short-term resistance. The 2,310–2,350 area above is resistance for a short-term rebound, and I wouldn’t chase a short in the middle of the range.
I’d rather wait for price to rise into that resistance zone before shorting:
Entry range: 2,310–2,350
Stop-loss: 2,420 (with some buffer beyond the structure)
Take-profit 1: 2,267
Take-profit 2: 2,235
Take-profit 3: 2,175
At the first take-profit, close half the position and move the stop-loss to breakeven. If price doesn’t rise to the entry zone, keep waiting. If the daily candle closes above 2,420, I won’t take the short.
Thunder moves to untie the knot. Do you think Ethereum will first surge to 2,350 and then drop, or head straight back down to test 2,235?
Follow me for updates. These are my personal views, not investment advice.
