Trade Signal #24 — $ETH

Long/Short bias detected on $ETH at current price 1686.54 USDT

Candle Analysis

The latest 1 hour candle on ETHUSDT formed a Bearish Candle, with an open at 1691.74, a high at 1694.24, a low at 1684.47, and a close at 1686.54. The small body and long lower wick indicate bearish momentum. The 4 hour candle is also bearish, with a change of -0.31% and a high at 1694.24 and a low at 1684.47.

Entry: 1683.50 USDT

Target 1: 1678.50 USDT

Target 2: 1672.50 USDT

Stop Loss: 1692.50 USDT

We are short on $ETH due to the strong bearish bias shown by both the 1 hour and 4 hour candles.

Don't put your entire portfolio at risk, DYOR.

#TradeSignal #BinanceSquare #DYOR