ETH Sell Limit 🤔✅🤔✅🤔✅

Hi dear traders
ETH Moving in descending channel, this is possible movement.
If not breakout 1645$ resistance area, the price will go down to support area.
All targets specified.
We are trying to take profit 📈 in short term.
Let's see what happens.
Any breakout above 1700$ invalid this analysis
This is not financial advice ( DYOR )
Good luck

Comentarios:

ETH information
If ethereum fails to clear the $1,660 resistance, it could continue to move down. An initial support on the downside is near the $1,610 level.

The next major support is near the $1,600 zone or the 61.8% Fib retracement level of the upward move from the $1,558 swing low to $1,665 high. If there is a break below $1,600, the price might gain bearish momentum and test the $1,565 support. Any more losses might call for a test of the $1,500 level.

Operación activa

Comentarios:

Tp1 1628
Tp2 1600
Tp3 1574
Tp4 1544

Comentarios:

Tp1 hit 🎯

Comentarios:

Tp2 hit 🎯

Comentarios:

Now the price is close support area.
We can save some profit now.

Operación activa:

The price hit resistance trend line.
In LTF we can open short position with suitable R:R
Stoploos 1750
Tp1 1628
Tp2 1641
Tp3 1600
Let's see what happens

Comentarios:

Tp 1641 hit🎯
Tp 1628 hit 🎯

Operación cerrada: objetivo alcanzado:

The price is oscillating between the resistance of 1663 and the support of 1600. We save profit and close the position. We are waiting for confirmation for the next entry.
Good luck 🤗

Comentarios:

Treade idea
If 1600 area breakdown then I open short position
SL above 1735
Tp1 1575
Tp2 1544
Tp3 1520
Tp4 1500
Final support area between 1490 and 1460

Operación cerrada: objetivo alcanzado:

Tp1 , Tp2 hit 🎯