ETHUSD D1: DISTRIBUTION / BEARS WILL TARGET 2000 USD(NEW)

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ETHUSD D1: DISTRIBUTION / BEARS WILL TARGET 2000 USD(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
previously recommended buying low.

🔸 Summary and potential trade setup
::: ETHUSD D1 chart review
::: S/R flipped from Support to Resistance MODE
::: expect new DUMP soon
::: upside limited from here / SHORT IT
::: Distribution in progress / BEARS
::: expecting limited upside short-term
::: BEARS focus on SHORTING high from
::: range highs near 2700 USD / 2800 caps
::: 35%/40% gains on SELL SIDE
::: final TP BEARS is 2 000 USD
::: BULLS focus on buying low later
::: short-term BOUNCE possible from 2 000 USD
::: currently risk/reward shifting in BEARS favor
::: nice setup for position traders
::: up to 40% gains possible later
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP BEARS is +40% gains
::: details: see chart
::: FINAL TP is 2 000 USD BEARS
::: BEARS get ready to RESHORT from overhead
::: short-term play / BOUNCE now / WEAK MARKET
::: good luck traders!
::: SHORT/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: DUMP/WEAKNESS/BEARS/2000 USD
::: Sentiment short-term: : DUMP/WEAKNESS/BEARS/2000 USD

RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.

Comment:

great progress so far today