ETH. Short setup.
Estimated entry: $151.4-155.5
Invalidation level: $165.75
Estimated TP levels: $137.75 / $128.35 / $123.6
ETH tested resistance yesterday and rejected hard.
Moving to the first strong support which acted as strong resistance in big Ascending Triangle.
Resistance zone is: $153.1-155.5. Here price should reject again and move to test support.
Watch for Price Action at this level, because it can fail to hold, don't rush into buys.
Invalidation level: $165.75
Estimated TP levels: $137.75 / $128.35 / $123.6
ETH tested resistance yesterday and rejected hard.
Moving to the first strong support which acted as strong resistance in big Ascending Triangle.
Resistance zone is: $153.1-155.5. Here price should reject again and move to test support.
Watch for Price Action at this level, because it can fail to hold, don't rush into buys.
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