Trade Idea: ETH SHORT
Opened 2025-09-06 23:29:06 · Valid until 2025-09-07 23:29:06 · Closed 2025-09-08 01:18:10
How this works.
Pending means price has not hit entry. Live means entry was hit and the trade is active until TP or SL or expiry. Closed means TP or SL hit, or expired. Times are UTC. Educational use only.
SHORT PENDING RR 1.60 Conf 75% Scalp hours
Entry 4,280.00000000
Stop 4,300.00000000
TP
4,260.00000000 / 4,240.00000000 / 4,220.00000000
Live 3,878.25000000
ROI
9.39%
(vs entry)
Thesis and checks
Ethereum is currently showing signs of weakness with a slight decline in price over the last 24 hours. The market sentiment appears to be bearish, making a short position viable.
- The RSI is approaching the overbought territory, indicating potential for a reversal.
- Bollinger Bands are tightening, suggesting a breakout is imminent, with a higher probability of a downward move given the current price action.
- Recent candlestick patterns indicate selling pressure, reinforcing the short setup.
Trade ideas are educational. Manage risk and position size.