ETHUSD D1: PT BEARS is 2100 USD SHORT THE BOUNCE(SL/TP)(NEW)

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ETHUSD D1: PT BEARS is 2100 USD SHORT THE BOUNCE(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because this is a speculative
BEARISH pattern .

🔸 Summary and potential trade setup
::: ETHUSD daily chart review/outlook
::: ETHUSD met heavy resistance at 3 900 USD
::: bullish TL broke down today
::: expecting pullback/correction mode
::: expecting a W-shaped bounce from here
::: BULLS may buy near 2000/2100 USD
::: TP bulls is +100% max on BOUNCE
::: BEARS may short at market now
::: SL recent cycle highs TP is 2500//2000 USD
::: lower risk strat: wait for re-test of RED TL
::: and then reshort into BOUNCE /
::: reshort into re-test of the pattern
::: it's anniversary of a 50%+ DUMP SOON as WELL (2020)
::: ETHUSD sold off 50%+ 15th FEB - 15th MAR 2020
::: so recommend to be extra careful next few
::: weeks as price is very unstable near ATH
::: overbought / so expecting correction
::: good luck traders!
::: SHORT IT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/PULLBACK/2100USD
::: Sentiment outlook short-term: BEARS

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