ETH Short

28 Nis

ETHUSD

ETH is approaching the resistance, which almost exactly coincides with the boundary of a regression channel. Indicators show that a new HIGH is about to form. I am counting on bouncing off the resistance and heading back down to test 2.9K. The risk/reward ratio is not the best, but it is worth giving it a shot. The price could fall lower and test the support of the channel, but I will stay on the conservative side and place a take profit at 2939.

30 Nis

Not

Partially locking in a profit

30 Nis

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