Get started
Deepak_dc93

ETHUSD short at 369.22, Resistance at trendline

Short
Ethereum (COINBASE:ETHUSD)  
Deepak_dc93 Updated   
COINBASE:ETHUSD   Ethereum
Support and Resistance Supply and Demand Pivot Points Forex forexsignals forexanalysis forextradingzones Technical Analysis ETHUSD ethusdshort forextrading
3
0
supportandresistance supplyanddemand pivotpoints forex forexsignals forexanalysis forextradingzones technicalanalysis ethusd ethusdshort forextrading
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
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.