ETH is at an area to watch: the reference plan leans SHORT, while the 15m RSI at 24.9 could create short-term volatility.
$ETH – SHORT
Trading plan:
Entry: $2,015.32 – $2,019.08
SL: $2,036.00
TP1: $1,983.36
TP2: $1,967.06
TP3: $1,948.26
Why this setup?
• Price and the 4h EMA20/50 align with this direction. 4h EMA20: $2,081.51; 4h EMA50: $2,174.18.
• The 15m RSI is at 24.9; the 4h RSI is at 28.7. Wait for the price reaction in the entry zone.
• The 1h ATR is $12.5350; TP1 has an R:R of 1.8 from the reference price, excluding fees/slippage.
Debate:
Will short-term momentum be enough to confirm a move toward TP1, or will the price sweep the SL zone first before continuing?
Click here to trade 👇
$ETH
$ETH – SHORT
Trading plan:
Entry: $2,015.32 – $2,019.08
SL: $2,036.00
TP1: $1,983.36
TP2: $1,967.06
TP3: $1,948.26
Why this setup?
• Price and the 4h EMA20/50 align with this direction. 4h EMA20: $2,081.51; 4h EMA50: $2,174.18.
• The 15m RSI is at 24.9; the 4h RSI is at 28.7. Wait for the price reaction in the entry zone.
• The 1h ATR is $12.5350; TP1 has an R:R of 1.8 from the reference price, excluding fees/slippage.
Debate:
Will short-term momentum be enough to confirm a move toward TP1, or will the price sweep the SL zone first before continuing?
Click here to trade 👇
$ETH
