ETHBTC Short Opportunity

Probably we'll see the 2nd attempt to break the resistance level. If the market can't pass through 0.150000 level, we'll have short opportunity. RSI should confirm price reversal from the resistance level and it's better to have a reversal candlestick pattern as an additional signal. Our sell-stop orders can be placed below the signal line. If market drops and activates our orders, we'll try to catch possible down movement to the uptrend line and one of Fib levels. Stop orders for short trades must be above the resistance level. As for long trades, they must be opened only if price reaches the uptrend line or Fib levels.

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