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Has the ETH bearish signal with a 95% win rate already been triggered—will 1788 be the ceiling?
$ETH /USDT - SHORT
Trading plan:
Entry: 1785.49 – 1792.17
SL: 1820.92
TP1: 1764.76
TP2: 1748.71
TP3: 1724.64
Why focus on this structure?
- 4-hour SHORT signal, confidence 95%, the 1D trend is clearly bearish
- Current price 1788.83, perfectly capped at the EMA pressure level, 15m RSI 48.27 is weak
- First target TP1 1764.76, second target TP2 1748.71, stop loss 1820.92
- Why now? The daily bearish pressure + the hourly chart being continuously rejected means a weak bounce is the best entry point
Discussion:
Will this move reach TP2 at 1748 first, or will it get swept out by the SL? Share your view in the comments.