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ForeverWishingEth

For ETH intraday, use the upside from above. The key resistance is 1780, the key support is 1720. If price breaks 1720, the probability is high that the daily level will turn bearish and move toward the 1640 area.



Support: 1725, 1720, 1680
Resistance: 1780, 1805

Sell/short near 1775: stop loss 1790, take profit 1760-1750

Buy/long near 1705: stop loss 1690, take profit 1725-1750

Buy/long near 1750: stop loss 1740, take profit 1770-1790

Buy/long near 1725: stop loss 1710, take profit 1750-1770

Sell/short near 1810: stop loss 1825, take profit 1790-1765

$ETH ‌Long/short rhythm
ETH0.73%
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NoMoreRugs
· 07-10 09:50
Stop-loss for the short at 1790 after entering at 1775—this risk-reward ratio looks decent, but when you actually get stopped out at 1790, it’s still pretty painful.
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Low-PolyFloatingEarth
· 07-10 09:45
Both longs and shorts were set, but once the market moves, plans can’t keep up with changes—position management matters more.
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BearMarketWithAHintOfOrange
· 07-10 08:58
Breaking 1720 for real means you need to be on guard; flipping to bearish on the daily chart isn’t a joke.
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GlassDomeObservatory
· 07-10 07:23
The support and resistance levels are given quite precisely. If it touches the 1810 short position, it will probably see an increase in volume.
View OriginalReply0

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