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ETH
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ETH Resistance Test
Rationale
TradingView idea: ETHUSD: Evening Star at supply zone. Stoch divergence. Short. for COINBASE:ETHUSD by Elibri_Eugen
TradingView symbol: ETHUSD
π Trade Plan:
π» Entry: 1863
π Stop Loss: 2009
π― Take Profit 1: 1765
π― Take Profit 2: 1626
π Technical Picture (Daily):
Evening Star: Textbook bearish reversal pattern formed right at the supply zone. Three-candle structure β rally, doji/gap, strong bearish close. Sellers took control.
Supply Zone: The Evening Star formed inside the supply zone. Double confirmation β pattern + resistance.
Stochastic: Bearish divergence β price made higher highs, Stoch made lower highs. Exited overbought β¦
Key details
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