ETH Rejection off Macro Trend

ETH is close to a local top.

I expect an impulse to around 1700 before heading down.

1D MA200 and Macro trend will act as areas for selling.

Good Luck

Комментарий:

Descending trendline

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So far on track. Watch daily candle close for confirmation of a pivot

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There may be a push to test Macro trend/ MA 200 - there watch for reaction

Сделка активна:

SHORT ETH from $1675

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S/L updated to $1630

Сделка закрыта: достигнута стоп-лосс цена:

50% retracement is at $1642 - I have added more SHORT here and will DCA above it.

Сделка активна:

SHORT entry is complete: Average entry is at $1651

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S/L to $1615

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S/L to $1585

Сделка закрыта: достигнута стоп-лосс цена:

I will watch to SHORT again.