Etherium Analysis
$ETH is showing strong bearish sentiment after losing the support at 2050-2100. Most probably it will test the lower historical support levels in short and mid term time frames: So it is a good idea to open a short setup...
Ethereum (ETH) Short Entry Setup:
Entry Level: $1,950 - $2,000 (Wait for rejection confirmation)
Stop Loss (SL): $2,075 (Above resistance)
Take Profit (TP) Targets:
TP1: $1,800
TP2: $1,720
TP3: $1,570
TP4: $1,314
This setup is based on historical resistance and support levels.
Before entering any position first do your own research properly.
