Deepak_dc93
Short

ETHUSD short at 369.22, Resistance at trendline

COINBASE:ETHUSD   Ethereum / U.S. Dollar
I will short ETHUSD because :
It is facing a strong resistance at the trend line .
Its not been able to break that trend line .
The price is again at the resistance trend line and may fall.
If it breaks the resistance trend line then we will be looking to buy.

Entry : 369.22
First Target : 365
Second Target : 361
Stop loss : 370
Trade closed: target reached

Comments

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