$ETH July 13 (Monday) — Morning (Erbing) Analysis



It looks very similar to what the boss did too. It’s also been at the highs from mid-to-late June until now, and there’s been an effective breakout. We’ll continue to stay short as long as price is below the resistance—no need to do anything else.

Trading idea: short in the 1835-1846 range, targets at 1800-1780-1740 ​​​
ETH-1.96%
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VineGeometry
· 11h ago
From the mid-June high point, it really does look like BTC’s pattern, but ETH is more volatile. The 1,740 target is a bit aggressive—I bought in portions.
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GateUser-e4fb1fbe
· 11h ago
This 1835-1846 range is quite crucial; I’ll monitor the trading volume first to decide whether to follow or not.
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GateUser-e5e2e632
· 11h ago
It’s still a wait-and-see, but set a stop-loss at 1,860—just in case of a false breakout.
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