Ethereum shorting strategy Upper resistance 4420--4450--4500 Aggressive traders can build positions near 4420--4450. Conservatives can directly take positions around 4450--4480. Stop loss depends on the situation. In the evening, it will also be affected by the US stock market, and Ethereum will follow its big brother. Last week, the US stock market pulled back by more than a point and was closed for three days, which could very likely lead to a big move! The trend above 4400 is too weak.
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9.2 16.20
Ethereum shorting strategy
Upper resistance 4420--4450--4500
Aggressive traders can build positions near 4420--4450.
Conservatives can directly take positions around 4450--4480.
Stop loss depends on the situation. In the evening, it will also be affected by the US stock market, and Ethereum will follow its big brother.
Last week, the US stock market pulled back by more than a point and was closed for three days, which could very likely lead to a big move!
The trend above 4400 is too weak.