Trade Setup: ETH Intraday ๐*
*Technical Analysis:*
- *Timeframe:* 4 h chart โฐ
- *Trend:* bearish ๐
- *Support:* $1,700 ๐ธ
- *Resistance:* $1,850 ๐
- *Indicators:*
- RSI (14): 44 ๐
- MACD (12, 26): Bearish crossover ๐
Fundamental Analysis:
- *Catalysts:* Ethereum network upgrades, DeFi growth ๐
- *Market Sentiment:* high Selling Pressure ๐
*Trade Plan:*
- *Entry:* $1,746 ๐
- *Target:* $1,700 ๐ฏ
- *Stop-Loss:* $1,800 ๐
*Risk Management:*
- *Position sizing:* 2% of portfolio ๐
- *Risk-reward ratio:* 1:2 ๐
This is just a sample trade setup and not a recommendation. Always do your own research and analysis before making trading decisions.
Buy And Trade From here ๐
