ETH 🔻The price just experienced a strong rejection upon touching the EMA 99 — long upper candle, brutal wick rejection.
Nice, the momentum of the false breakout is still fresh.
Execution Summary:
• Entry: 1.785
• SL: 1.792
• TP Gradual:
• TP1: 1.774
• TP2: 1.765
• TP3: 1.750 (previous low)
Monitor the 15m candle at 02:15 and 02:30 — if it starts turning red and volume weakens, the position is safe to hold. But if the green candle continues and breaks 1.792, just cut loss quickly.
Always monitor BTC as the puppet master.
Nice, the momentum of the false breakout is still fresh.
Execution Summary:
• Entry: 1.785
• SL: 1.792
• TP Gradual:
• TP1: 1.774
• TP2: 1.765
• TP3: 1.750 (previous low)
Monitor the 15m candle at 02:15 and 02:30 — if it starts turning red and volume weakens, the position is safe to hold. But if the green candle continues and breaks 1.792, just cut loss quickly.
Always monitor BTC as the puppet master.
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ETH
1,978.11
+8.10%