Market Analysis - ETH
Figure 1: Daily Chart
1) As always, ETH fluctuates around 2800-2100.
2) Look at the black range here. After testing fvg, the downward structure is broken, and it is still in a downward trend.
3) Pay attention to the vicinity of 2650, the red range-eq. The refusal to distribute here is a shorting opportunity, tp1 2300, tp2 2200, tp3 2100.
4) Currently, ETH is not long, only shorting.
Figure 2: H1 Chart
1) Pay attention to the distribution of shorting after plundering fvg
2) Pay attention to the distribution of shorting by eqh last night.
3) The stop profit target is 2390