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CryptoPatel
Apr 12, 2023 3:58 PM

Short Term Analysis for Ethereum Short

Ether / United States DollarCoinbase

Description

Short Term Analysis for Ethereum

ETH/USDT is currently trading at HKEX:1919, and it appears that some retracement could be on the way. I'm expecting a drop to around $1860.

I've set up a short position for ETH/USDT with an entry point of HKEX:1920-TSE:1930, a target of TSE:1870, and a stop loss at a 4-hour close above $1940.

Keep a close eye on this one, as the market can be unpredictable! Stay tuned for further updates.

Disclaimer: This is not financial advice. Trading cryptocurrencies involves risk, and you should always do your own research before making any investment decisions.

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