$ETHFI is giving me a bearish setup that makes sense, but it needs to be analyzed carefully — I’m sharing it without filters.
Stacked EMAs 20<50<200 on 4H with price below them, a fresh bearish EMA9/21 cross made 2 candles ago, and RSI at 37 with MACD falling. Lagging -3.3% vs BTC on the day, a natural short candidate. BTC is reinforcing the bias.
Between entry and TP1, there are liquidations of 10x longs at 0.32059 — that could accelerate the drop. Between TP1 and TP2, there are two big bid walls (105K and 51K): real obstacles the price has to break to move toward TP2.
Entry: 0.33490 | SL: 0.34931 | TP1: 0.32049 | TP2: 0.30607 | TP3: 0.29166 | R:R 2.0 to TP2
Reasonable sizing; after TP1, move the stoploss to the entry price. This isn’t a guarantee of anything.
Stacked EMAs 20<50<200 on 4H with price below them, a fresh bearish EMA9/21 cross made 2 candles ago, and RSI at 37 with MACD falling. Lagging -3.3% vs BTC on the day, a natural short candidate. BTC is reinforcing the bias.
Between entry and TP1, there are liquidations of 10x longs at 0.32059 — that could accelerate the drop. Between TP1 and TP2, there are two big bid walls (105K and 51K): real obstacles the price has to break to move toward TP2.
Entry: 0.33490 | SL: 0.34931 | TP1: 0.32049 | TP2: 0.30607 | TP3: 0.29166 | R:R 2.0 to TP2
Reasonable sizing; after TP1, move the stoploss to the entry price. This isn’t a guarantee of anything.