$ETH #PrivacyCoinSurge
(Those who want an ETH USD SELL SETUP, don't miss this ๐๐)
๐ Luwensoโs ETH/USD 4H Sell Setup โ chart loadingโฆ stay tuned ๐๐โ
๐๏ธ{$ETH got rejected from the $4,100 resistance zone.
It's now coming down and will most likely retest the $3,800 support level.
If it holds, Ethereum could see a bounceback.
Otherwise, expect more bearish continuation.]
๐๏ธSELL SETTUP $ETH
Entry Idea:
๐ Sell if candle closes below $3,800 zone with volume confirmation.
Stop-Loss:
โ๏ธ $4,070 โ $4,100 (above resistance).
Take-Profit Targets:
๐ฏ TP1 = $3,400
๐ฏ TP2 = $3,300
Risk/Reward:
โ๏ธ ~1 : 2.5 โ (Risk ~$250 | Reward ~$600).
9Timeframe:
๐ 4H / 12H chart view โ short to mid-term trade setup.
๐Confirmations:๐
Momentum indicators (RSI ~33) indicate a โSellโ signal.
All moving averages are above price โ downtrend indication.
Support level break + volume increase will support the move down.
