ETH/USD Analysis: Short Bias This Day

ETH/USDShortIntraday5h ago4 views

Trade Setup

Entry Price

1632.00

Stop Loss

1671.00

Take Profit

1535.00

Risk : Reward

1 : 2.49

RiskReward

Technical Analysis

Looking at the 1-hour chart, ETH/USD is showing a clear continuation pattern near the 1632 level.

Fundamental Context

The macro environment favors short positions on ETH/USD. Keep an eye on upcoming data releases.

Trade Setup

Risk:reward is 2.5:1. Stop loss at 1671, take profit at 1535.

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