Ethereum on the daily timeframe broke it’s daily 50ema to confirm the continuation to the downside after finding support on the 0.618. A retrace back to the daily 50 ema( daily 20 MA in close proximity) at 1530 could. Present as a good shorting opportunity after a long trade.
Entry 1300 stop loss: 1150 Tp1 1: 1530
Short entry as a retest of the h & s with a technical target of $850
Mind your risk
Not financial advice
Entry 1300 stop loss: 1150 Tp1 1: 1530
Short entry as a retest of the h & s with a technical target of $850
Mind your risk
Not financial advice