Helical_Trades

ETH/USDT : Last stand before diving to $600

Short
BINANCE:ETHUSDT   Ethereum / TetherUS
ETHUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!

$ETH has broke below the macro bullish trend zone.
Now there's a local S/R line located at $2200 and So, If we get any closing below, Then it'll clear the patch to $1700's local low!
So this opportunity will comes with a solid trading plan.
If we get the closings below $2200 then we can locate our Short on a proper retest of broke line and aim for the lower second base at $600.

📚 You may ask your self that why I mentioned $600 as my final target !?
The answer is simple; Just take a look on the chart below:
There's an indicator names ETH Log Curve Zones, Which'll help you to identify the best spots to locate your pressure levels!
As you can see on record, There's a high accuracy level of bottom detection based on the indicator's zones...

Take Short once we get the daily closes below the marked line at $2200 or a weekly close below $28800 on $BTC.
🔻 Entry Points : $2300 - $2200 - $2100
📍Targets : $1970 - $1750 - $1450 - $1060 - $815 - $600
🟥 Overall stop-loss : $2600 ( Active management - Two full body close | Candle close above the mentioned red zone )

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Attention: this isn't financial advice we are just trying to help people with their vision.

Have a good day!
@Helical_Trades

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