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TheDinoChart

ETH shorting resistance touch

Short
Ethereum / Bitcoin (BINANCE:ETHBTC)  
TheDinoChart Updated   
BINANCE:ETHBTC   Ethereum / Bitcoin
Trend Analysis Supply and Demand Support and Resistance ETH Ethereum (Cryptocurrency) ALTS ETHBTC ETHUSD crypto Cryptocurrency cryptotrading
5
0
trendanalysis supplyanddemand supportandresistance eth ethereum alts ethbtc ethusd crypto cryptocurrency cryptotrading
Shorting this resistance touch on ETH.
Reasons:
  • Bearish RSI 4hr
  • Dropping volume
  • Can't hold support

Strategy:
R/R = 1.81 or 2.46
Entry: 0.021400
Stop: 0.022385
Target: 0.019666

Trade safe friends!


Trade closed manually:
Closed position at tiny profit (enough to cover fees). Will wait for a second resistance touch. There might be another push up before the retrace.

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