Ethereum Short Trade

Price made a new swing high which is lower then the previous high. We can draw a new downtrend line and trade based on it. RSI confirms price reversal and we have short opportunity. Entry level for short trades should be below 335.00 with stop orders above 390.00 level. Profit targets are at 300.00 and 260.00 levels. Also these Fib levels will be good for possible long trades if we have price reversal confirmed by RSI and candlestick patterns.

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