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🎁Please hit the like button and 🎁Leave a comment to support our team! ETHUSD H8: PT BEARS is 1900 USD SHORT THE BOUNCE(SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. Tagged as SHORT because this is a speculative BEARISH pattern .
🔸 Summary and potential trade setup ::: ETHUSD 8hour chart review/outlook ::: ETHUSD met heavy resistance at 4 000 USD ::: bullish TL broke down earlier last week ::: HS in progress now SHORT from overhead ::: TP BEARS is 1900 USD ::: current low near 1900 is FAKE LOW ::: expecting a W-shaped bounce from here ::: BEARS get ready to SHORT HIGH ::: TP BEARS is 1900 USD ::: lower risk strat: wait for re-test of RED TL ::: and then reshort into BOUNCE / ::: reshort into re-test of the pattern ::: it's anniversary of a 50%+ DUMP SOON as WELL (2020) ::: ETHUSD sold off 50%+ 15th FEB - 15th MAR 2020 ::: so recommend to be extra careful next few ::: weeks as price is very unstable near ATH ::: 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/PULLBACK/1900USD ::: Sentiment outlook short-term: BEARS
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