DERIBIT:ETHPERP   ETH Perpetual Futures Contract

- Price Breaking below the Lower Trendline can lead to :
1. 1050
2. 933

- Price pumping up can retest the Upper Trendline but before that it should be able to break the 1246 region.


- Try to connect the ideas and get a clearer picture of the whole set up.

- This can play either way so keep an eye on the support and resistance as well.

Signing off,
Trade active: Our first TP at 1050 is achieved. Lets see if it can reject at 1246 for another short opportunity. See my new idea for more info.