Signal

$ETH Short

Eth has always retraced after reaching a new high and touching the upper trend line. The pattern is most likely going to repeat itself again over the next few days after this new high.

A safe tp level will be around 2906 or whenever it touches the lower trendline as it enters accumulation to attempt for a new high again. Based on it's past behavior, there's a good chance it'll retrace all the way to around 2720 before turning bullish and reaching a new high.

As usual, DYOR and enter at your own risk.