Time Frame: 4H
Symbol: ETHUSDT
Entry: 2865.05
TP: 2461.66
SL: 3161.38
Bias: Short
A study of ROC (rate of change ) of price and multi-timeframe support and resistance , we can anticipate a short trade . The possibility of going upward is not very strong and the exhaustion of upward drive is also explicitly visible from the story of current price action. That is why, we are planning a short trade.
Symbol: ETHUSDT
Entry: 2865.05
TP: 2461.66
SL: 3161.38
Bias: Short
A study of ROC (rate of change ) of price and multi-timeframe support and resistance , we can anticipate a short trade . The possibility of going upward is not very strong and the exhaustion of upward drive is also explicitly visible from the story of current price action. That is why, we are planning a short trade.