ETH - breakdown of the local trend exit at $2000?!
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Technical: the price of the asset has broken through the local countertrend and at the moment we can observe a fixation above, which at one time is positive for ETH.
The resistance level was marked with a red line, technical rollback to the current price of ETH is possible from there.
Pay attention to the fixation of cross-sectional bars in one range (almost even candles on the daily TF), it is clear that the market maker keeps the price in one range for further price manipulation.
I think the manipulation will be to take out a short position, for myself I noted the level of $ 2020, perhaps from there and we will see a correction.
There is no desire to consider Long from the current values now, I want to watch the chart for some more time, if ETH goes above $2000, I may open a scalp short with a short stop loss.
Technical: the price of the asset has broken through the local countertrend and at the moment we can observe a fixation above, which at one time is positive for ETH.
The resistance level was marked with a red line, technical rollback to the current price of ETH is possible from there.
Pay attention to the fixation of cross-sectional bars in one range (almost even candles on the daily TF), it is clear that the market maker keeps the price in one range for further price manipulation.
I think the manipulation will be to take out a short position, for myself I noted the level of $ 2020, perhaps from there and we will see a correction.
There is no desire to consider Long from the current values now, I want to watch the chart for some more time, if ETH goes above $2000, I may open a scalp short with a short stop loss.
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