June 21, 2026
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Possible retrace to kumo for short back down

Possible retrace to kumo for short back down

Possible retrace to kumo for short back down

Possible retrace to kumo for short back down

Ethereum / TetherUS BINANCE:ETHUSDT
Honestcowboy


Possible retrace to kumo for short back down

Eth just did a kumo breakout on the 5 minute chart. It is quite likely that it will keep going down from this point and respect the short term trendline I drew. But in a situation where it breaks through the trendline I expect resistance at kumo and a kumo bounce would be a great trade here. Given the amount of space ETH can drop after kumo bounce we can have a nice big stop loss while having a good risk to reward.

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Possible retrace to kumo for short back down

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