ProjectSyndicate

ETHUSD H4: May re-test 1000 USD / more losses(SL/TP)(NEW)

Short
COINBASE:ETHUSD   Ethereum
ETHUSD H4: May re-test 1000 USD / more losses(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect short-term
losses in this market.


🔸 Summary and potential trade setup
::: ETHUSD 4hour chart review/outlook
::: re-tested ATH and dumping now
::: have to be careful going forward
::: upside limited from here short-term
::: expecting more downside short-term
::: SHORT INTO BOUNCE
::: TP is 1 000 USD
::: expecting re-test of 1000 USD
::: sharp one day sell off not good
::: BULLS better wait for lower prices
::: before reloading for a BOUNCE
::: 1000 USD nice reload for BULLS
::: short-term bearish / more downside
::: recommended strategy: SHORT RIPS
::: TP BEARS is 1000 USD
::: overbought / so expecting correction
::: good luck traders!
::: SHORT IT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS
::: Sentiment outlook short-term: BEARS

MY LINKS OVERVIEW
🟡 TAPLINK.CC/PRSYNDICATE
75% WINS FREE/PREMIUM SIGNALS TELEGRAM
🔴 T.ME/THESYNDICATE001
LIFETIME BUNDLE FX/CRYPTO
🟡 SYNDICATE001.CC/
FREE GOLD TRADING SIGNALS
🟡 T.ME/SYNDICATEGOLD001
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.