The $ETH fell 4.27% today. The mistake would be entering now. 📉
After a sharp drop, a patient trader doesn’t chase the price — they wait for the retest. Today, the $ETH fell from $2,237 to $2,060, and is now trading near $2,135, with the RSI at 30.4.
The retest zone is between $2,200 and $2,237: today’s lost support, which is now turning into resistance.
What would confirm an entry: a rejection in this zone — a long upper wick and a close in the direction of the move. Without confirmation, there’s no trade.
As an educational example, the stop would be above $2,240. If the price closes above $2,237, the idea is invalidated.
The classic mistake is entering at the extreme of a move out of FOMO: selling at the bottom after the drop, or buying without waiting for the level to be tested.
Patience is a position. Do you wait for the retest or prefer to enter on the impulse?
#Ethereum #CriptoVisao #Trading
After a sharp drop, a patient trader doesn’t chase the price — they wait for the retest. Today, the $ETH fell from $2,237 to $2,060, and is now trading near $2,135, with the RSI at 30.4.
The retest zone is between $2,200 and $2,237: today’s lost support, which is now turning into resistance.
What would confirm an entry: a rejection in this zone — a long upper wick and a close in the direction of the move. Without confirmation, there’s no trade.
As an educational example, the stop would be above $2,240. If the price closes above $2,237, the idea is invalidated.
The classic mistake is entering at the extreme of a move out of FOMO: selling at the bottom after the drop, or buying without waiting for the level to be tested.
Patience is a position. Do you wait for the retest or prefer to enter on the impulse?
#Ethereum #CriptoVisao #Trading
