BINANCE:ETHUSDT.P   Ethereum / TetherUS PERPETUAL CONTRACT
Looking for a sell off correlated with the ETH Merge. Also exhaustion on a market run and a correction even if near term on BTC. Both of these FA factors should paint the charts with a short Entry. Targets for Eth to drop as low as $1200 opening a short position in the Red Box between 1800 and 2000.

NFA Be careful. Look for updates and market changes.
Comment:
Lost steam Look for Entry in the redbox or look for the market as a whole to correct correlated with the ETH migration and open the short based on confirmed downtrend. NFA
Comment:
This trade setup is invalidated atm. Needs recharted
Comment:
Could get a swing low and then ascend for a bit in a range of new trade to go long.
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.