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Helical_Trades
May 9, 2022 10:09 AM

ETH/USDT : Right above the S/R line!  Short

Ethereum / TetherUSBinance

Description

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BINANCE:ETHUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!

ETH has reached the local S/R line and it comes with two possible scenarios :

- If ETH Holds the Support here, Then it's more likely for ETH to break above the higher S/R at $2600.

But the main scenario is still bearish and I'll look for my Short if we get the closings below the marked S/R line.
Entries can be separated between $2400 - $2430 - $2460.
- Stop-loss should be managed as active management!

Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.

Have a good day!
@Helical_Trades
Comments
Solldy
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I have looked through several ideas for this asset today, and honestly, I have an ambivalent opinion of the idea. I think you reevaluate the possibility of such a scenario.
Helical_Trades
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@Solldy, Thanks my dear
tomijp29
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Why your BTC analysis is up but ETH analysis is down sir?
Helical_Trades
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@tomijp29, My last night's BTC analysis want only for reading...
My main BTC's analysis is still bearish mate!
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