ETH morning short-term thoughts:



ETH surged to 1832, hit the upper Bollinger Band, faced resistance and fell back. Now at 1783, at the middle band, range-bound market!

Above, near 1800-1810, short-term short, target downside 1760-1850

Below, retrace to 1750-1860, short-term long, target upside 1800-1810
#ETH
ETH-1.08%
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SeaSaltSparklingWater
· 4h ago
Short near 1800, take profit at 1760, 40 point range, stop loss at 1815, risk-reward ratio is decent.
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CandleSitter
· 5h ago
The needle at 1832 is way too fake—clearly a fake breakout meant to bait people and get them to fall for it. This market is only suitable for short scalps.
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MountainSilhouetteBeforeThe
· 5h ago
The Bollinger Bands are tightening. Wait for the direction to emerge before chasing. Both longs and shorts are likely to get trapped right now.
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Don’tLetTheLiquidationAlarm
· 5h ago
The middle band oscillation is indeed grinding. I placed a long order at 1765, let's see if the opportunity comes.
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NeonMint
· 6h ago
Retrace into the 1750–1860 range below? Is this range span really for real? 😂
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