AMBCrypto_TA

Ethereum to face rejection from short-term range highs?

Short
AMBCrypto_TA Updated   
BINANCE:ETHUSDT   Ethereum / TetherUS
ETH has traded within a range from $1800 to $1965 over the past two weeks. Aggressive bears can wait for a rejection from $1965-$1980 region over the next 12 hours before looking to short.

A breakout past $2000 will invalidate the idea.

Entry: $1960

Exit: $1805

Stop-loss: $2010

R:R- 3
Comment:

invalidation met but the price saw a reversal just above $2000 to drop back into the range
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.