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ETH
Last night surged strongly to 2200 before pulling back slightly after encountering resistance
Overnight tested 2192 a second time before stopping and quickly falling to 2117
Currently oscillating and consolidating around 2142
The four-hour bulls broke through the middle band with volume, but lacked sustained follow-through
As multiple upper wicks appeared, resistance from above became more evident
The current Bollinger Bands remain unchanged in the downward channel
The approach remains unchanged: shorting on rallies
Take entries in batches around 2150, 2180
Lock in the downside target zone at 2080-2020