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After the latest huge rally in the price of ETHUSD we are arriving at The first of our LONGER term short zones. Due to the impetus of the market move we can short lightly at these areas for gains.
Because of the nature of the asset, we can look for light shorts at higher resistance. We will have a higher chance of catching gains on the short side mid-term.
The current price zone we are arriving at has previously shown price rejection because it has market memory. Often you will see a bounce at these price levels as they become areas where profit was previously taken.
Look to exit at the eclipse symbol area.
After the latest huge rally in the price of ETHUSD we are arriving at The first of our LONGER term short zones. Due to the impetus of the market move we can short lightly at these areas for gains.
Because of the nature of the asset, we can look for light shorts at higher resistance. We will have a higher chance of catching gains on the short side mid-term.
The current price zone we are arriving at has previously shown price rejection because it has market memory. Often you will see a bounce at these price levels as they become areas where profit was previously taken.
Look to exit at the eclipse symbol area.
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bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
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.
Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
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.