Ethereum dropped right back down and retraced its entire move up. It's now trading on top of the 1,650 dollar level and has seemingly found some support here. It did however wick below that support level, which could've very well been enough to stop out a lot of long orders set to long an S/R flip at 1,650 dollars.
Long signal remains valid. While we wait for price to drop this one is for short.
🛒 Short entry above 7.8
💩 SL above 8.1 (risk 3.85% - invest 2.6% per 0.1% capital risk)
Risk Reward TPs:
🎯 R1 - 7.5 (move SL to BE)
🎯 R2 - 7.2
🎯 R3 - 6.9
🎯 R4 - 6.6
#LINK #signal #crypto2023 #BTC #ETH $SOL $BNB $BTC
Long signal remains valid. While we wait for price to drop this one is for short.
🛒 Short entry above 7.8
💩 SL above 8.1 (risk 3.85% - invest 2.6% per 0.1% capital risk)
Risk Reward TPs:
🎯 R1 - 7.5 (move SL to BE)
🎯 R2 - 7.2
🎯 R3 - 6.9
🎯 R4 - 6.6
#LINK #signal #crypto2023 #BTC #ETH $SOL $BNB $BTC
