$ETH - the SHORT side has the edge (x50)
Hey guys, $ETH is doing something most people will scroll past on the 30-minute chart.
This idea finished its targets earlier today. Taking it again, but not at the same size.
TRADE PLAN
Entry zone: 2409.75 - 2412.23 (ref 2411.363)
TP1: 2397 (+0.60%)
TP2: 2386 (+1.05%)
TP3: 2375 (+1.51%)
Stop loss: 2424.47 (-0.54%)
Price sits 1.2% under its 200 EMA with the 34 and 89 EMAs stacked above it. That stack says sellers still hold the frame, and price is only starting to lean on its long-term average. What still bugs me is the split in market orders, 51.9% buys, so nobody is chasing either side.
⚠️ Personal market insight, not investment advice. DYOR.
Hey guys, $ETH is doing something most people will scroll past on the 30-minute chart.
This idea finished its targets earlier today. Taking it again, but not at the same size.
TRADE PLAN
Entry zone: 2409.75 - 2412.23 (ref 2411.363)
TP1: 2397 (+0.60%)
TP2: 2386 (+1.05%)
TP3: 2375 (+1.51%)
Stop loss: 2424.47 (-0.54%)
Price sits 1.2% under its 200 EMA with the 34 and 89 EMAs stacked above it. That stack says sellers still hold the frame, and price is only starting to lean on its long-term average. What still bugs me is the split in market orders, 51.9% buys, so nobody is chasing either side.
⚠️ Personal market insight, not investment advice. DYOR.