$ETH SHORT SETUP ... NEXT TARGET 2,164.86
Bearish Moving Average Alignment Meets Neutral Four Hour Momentum
Entry: 2,260.39 - 2,271.63 (Short)
TP1: 2,232.29
TP2: 2,198.58
Final TP: 2,164.86
SL: 2,299.72
Downward movement over the past twenty-four hours leaves price beneath the short-term average, which sits below the longer average. A neutral relative strength index on the four-hour chart indicates momentum has not yet confirmed the underlying structure.
As long as price stays below 2,271.63, structure stays heavy
Must use stop loss while trading
Trade $ETH
Not financial advice. Always DYOR.
Like & Follow for Daily Trade Analytics & Insider News. @SarwatAK
#Ethereum #TrendingTopic #TechnicalAnalysis
Bearish Moving Average Alignment Meets Neutral Four Hour Momentum
Entry: 2,260.39 - 2,271.63 (Short)
TP1: 2,232.29
TP2: 2,198.58
Final TP: 2,164.86
SL: 2,299.72
Downward movement over the past twenty-four hours leaves price beneath the short-term average, which sits below the longer average. A neutral relative strength index on the four-hour chart indicates momentum has not yet confirmed the underlying structure.
As long as price stays below 2,271.63, structure stays heavy
Must use stop loss while trading
Trade $ETH
Not financial advice. Always DYOR.
Like & Follow for Daily Trade Analytics & Insider News. @SarwatAK
#Ethereum #TrendingTopic #TechnicalAnalysis
