Can ETH push lower when the daily trend is a range?
đŽ SHORT $ETH /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 2489.72 â 2492.78
TP1: 2460.58 (-1.2%)
TP2: 2440.13 (-2.1%)
TP3: 2409.46 (-3.3%)
SL: 2532.15 (+1.6%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Note: moderate conviction only, keep size light.
Why SHORT? Leaning call, 6/12 signals agree, 1 against, 5 undecided.
âą 1h trend: price < EMA50 < EMA200, bearish stack â the short-term trend is down
âą Trend strength (ADX/DI, 15m): ADX 26.6 with sellers in control (DI+ 19.7 vs DIâ 24.7) â sellers are driving the move
âą 4h RSI: 33.3, bearish momentum (below 45) â sellers have the momentum
Risk: BTC backdrop: BTC trend is bullish and correlation is 0.78 â BTC is rising and this coin tends to follow
If it plays out:
If the idea works, the 1h price slides toward 2460, confirmed by the 1h trend showing sellers below both EMAs.
If it fails:
A break back above 2532.15 would prove it wrong, so I would exit the short at that invalidation level.
Where would you place your invalidation level on this short setup?
Levels mapped on the chart below.
đČ Want more of my latest signals? Join me here:
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â ïž Personal market analysis only. NFA â manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
đŽ SHORT $ETH /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 2489.72 â 2492.78
TP1: 2460.58 (-1.2%)
TP2: 2440.13 (-2.1%)
TP3: 2409.46 (-3.3%)
SL: 2532.15 (+1.6%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Note: moderate conviction only, keep size light.
Why SHORT? Leaning call, 6/12 signals agree, 1 against, 5 undecided.
âą 1h trend: price < EMA50 < EMA200, bearish stack â the short-term trend is down
âą Trend strength (ADX/DI, 15m): ADX 26.6 with sellers in control (DI+ 19.7 vs DIâ 24.7) â sellers are driving the move
âą 4h RSI: 33.3, bearish momentum (below 45) â sellers have the momentum
Risk: BTC backdrop: BTC trend is bullish and correlation is 0.78 â BTC is rising and this coin tends to follow
If it plays out:
If the idea works, the 1h price slides toward 2460, confirmed by the 1h trend showing sellers below both EMAs.
If it fails:
A break back above 2532.15 would prove it wrong, so I would exit the short at that invalidation level.
Where would you place your invalidation level on this short setup?
Levels mapped on the chart below.
đČ Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
â ïž Personal market analysis only. NFA â manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.