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EthanTW
Jan 31, 2023 5:54 AM

ETH - 2 Selling Strategies Short

ETHUSDT Perpetual ContractBybit

Description

BYBIT:ETHUSDT.P
4H time frame
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ETH forms a potential HS
According two uptrend(UT) lines, there are 2 opportunities to open short.
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1.
Entry: if getting resistance from short-term uptrend again(~1577)
TP: 1465 or reach lower uptrend
SL: 1615

2.
Entry: BO the long-term UT (~1521)
TP: 1405, 1340
SL: High of right shoulder (~1663)
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Notice: All price are set from the predicted trend, can set it more accurate based on the actual trend/pattern after opening short
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