Hi traders ! , I opened a short position on ETH/USD as price is hitting a strong resistance zone.
Entry: 3850
SL: 4084.46
TP: 3638.94
📌 Why I took this trade:
Price is testing a strong resistance zone around 3860, RSI is overbought, and we could see a pullback toward the support area around 3640.
Nice risk/reward setup, keeping it simple.
This is just my analysis, not financial advice.
What’s your view — drop or breakout?
Entry: 3850
SL: 4084.46
TP: 3638.94
📌 Why I took this trade:
Price is testing a strong resistance zone around 3860, RSI is overbought, and we could see a pullback toward the support area around 3640.
Nice risk/reward setup, keeping it simple.
This is just my analysis, not financial advice.
What’s your view — drop or breakout?
🔥 Top indicators I personally use 👇
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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.
🔥 Top indicators I personally use 👇
tinyurl.com/36vkfjm9
tinyurl.com/36vkfjm9
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.