Th57Trader

ETH Short Setup 👿↘️↘️↘️👿

Short
Th57Trader Updated   
BINANCE:ETHUSDT   Ethereum / TetherUS
Hi dear traders
According to previous analysis, we saw price breakout Ascending wedge and then pullback to retest resistance 2850$.
Now we can open short position with good stop-loss.
Keep an eye to BTC movement.
This analysis is for awareness only.
Good luck.
Comment:
Previous analysis
Trade active
Comment:
Tp1 reach now, 6.39% profit without leverage
Comment:
We can some profit now
Comment:
Area 2580 is a support area but not strong. The price for the climb should go down to close to 2490. Be careful.
Trade closed: target reached:
I closed my position at 2585$ and take profit, the price seems to be rising from the 2580 area. Wait for the bullish signal to confirm.
Good luck
Comment:
To start another trade, we are waiting for the opening of the US30 market and the news of the Russia-Ukraine war. I expect the BTC price to drop to 36K. And the ETH could go down to 2300, if it loses 2580 support. 2300 daily support areas
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