Th57Trader

ETH Short Setup ๐Ÿ‘ฟโ†˜๏ธโ†˜๏ธโ†˜๏ธ๐Ÿ‘ฟ

ืฉื•ืจื˜
Th57Trader ืžืขื•ื“ื›ืŸ   
BINANCE:ETHUSDT   Ethereum / TetherUS
Hi dear traders
According to previous analysis, we saw price breakout Ascending wedge and then pullback to retest resistance 2850$.
Now we can open short position with good stop-loss.
Keep an eye to BTC movement.
This analysis is for awareness only.
Good luck.
ื”ืขืจื”:
Previous analysis
ืขืกืงื” ืคืขื™ืœื”
ื”ืขืจื”:
Tp1 reach now, 6.39% profit without leverage
ื”ืขืจื”:
We can some profit now
ื”ืขืจื”:
Area 2580 is a support area but not strong. The price for the climb should go down to close to 2490. Be careful.
ืขืกืงื” ืกื’ื•ืจื”: ื”ื™ืขื“ ื”ื•ืฉื’:
I closed my position at 2585$ and take profit, the price seems to be rising from the 2580 area. Wait for the bullish signal to confirm.
Good luck
ื”ืขืจื”:
To start another trade, we are waiting for the opening of the US30 market and the news of the Russia-Ukraine war. I expect the BTC price to drop to 36K. And the ETH could go down to 2300, if it loses 2580 support. 2300 daily support areas
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