Patrick2707

ETH short - day trade

Short
BYBIT:ETHUSDT.P   ETHUSDT Perpetual Contract
ETH has perfectly reached our first tp and we will expect a retracement before any more action.

What do we do now?
We are still below the resistance area so the plan remains straightforward and will be applied in correlation with BTC and its ranges.

----------- Remain aware of the BTC liquidity sitting around 32K-33K ----------

High of range: 1900$
Low of range: 1735$

TP: 1850$
TP: 1735$

Stay safe and never risk more than 1-5% of your capital per trade. The analysis is merely a price action based analysis and does not constitute financial advice in any form.
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