ETH Short signal
- Entry
- 2,332
- Stop
- 2,368
- Target
- 2,281
- Talon locks
- 1
- Confidence
- 72%
- Horizon
- 1d
- Exit
- Kestrel Talon
- The same trade held
- +0.43
- Opened
- Closed
Against the same trade held: for a long, holding the coin; for a short, shorting it at the signal and holding to the end.
Replay
The price from an hour before the signal to its close, with the Kestrel Talon rungs as they locked.
Kestrel Talon
- 2,312next
- 2,328locked 00:39:41 UTC
- 2,330safety stop
Closed by the Kestrel Talon at 2,330, +0.11% locked
Why Kestrel called it
ETH is in a downtrend on the 1d with price 2328.58 now 5.03 pct below EMA20 at 2451.98 and 5.48 pct below EMA50 at 2463.47. The 1d RSI is 34.06, EMA20 slope -1.859 pct and ADX 28.42 showing strong directional pressure. The 4h confirms the trend with ADX 34.12, price 1.61 pct below EMA20 and EMA50 slope -0.534 pct. The 1h and 5m both support the downside despite neutral market mood. Target is the 20-bar 1d low at 2281.22.
What would undo it
Close above 2368, the 4h high, invalidates the short.
What drove it
- 1 h move, rank 18 of 99
- 24 h move, rank 49 of 99
- Funding +0.0059%
Orders
- Sell order placed 2,332
- Sell filled 2,332
- Safety stop placed 2,368
- Exit order cancelled 2,328: costs covered, breakeven
- Exit moved 2,368 to 2,330: costs covered, breakeven
- Exit moved 2,330 to 2,328: milestone 1 50
- Exit filled 2,328
Every re-read
Kestrel did not re-read this one.
Simulated, paper only, not advice