ETH/USDT : Last stand before diving to $600
BINANCE:ETHUSDT
Hello everyone π
Before we start to discuss, I’ll be so glad if you share your opinion on this post’s comment section and hit the like button if you enjoyed it!
$ETH has broke below the macro bullish trend zone.
Now there’s a local S/R line located at $2200 and So, If we get any closing below, Then it’ll clear the patch to $1700’s local low!
So this opportunity will comes with a solid trading plan.
If we get the closings below $2200 then we can locate our Short on a proper retest of broke line and aim for the lower second base at $600.
π You may ask your self that why I mentioned $600 as my final target !?
The answer is simple; Just take a look on the chart below:
There’s an indicator names ETH Log Curve Zones, Which’ll help you to identify the best spots to locate your pressure levels!
As you can see on record, There’s a high accuracy level of bottom detection based on the indicator’s zones…
Take Short once we get the daily closes below the marked line at $2200 or a weekly close below $28800 on $BTC.
π» Entry Points : $2300 – $2200 – $2100
πTargets : $1970 – $1750 – $1450 – $1060 – $815 – $600
π₯ Overall stop-loss : $2600 ( Active management – Two full body close | Candle close above the mentioned red zone )
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Attention: this isn’t financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades

