We have a descending wedge on ETH, which can lead to a breakout. So be careful on the 1st Short and wait for rejection on 1 minute candle – check lower time frames first.
Second SHORT (if it reaches) you can limit sell – this is a lower risk short considering the Weekly, Daily and Monthly state of ETH.
Strategy:
Short around 2,670
SL – around 2,690
If stop hits:
Short again around 2,800
SL – around 2,835
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