Ethereum market update - short term buy - sell at 177 $

Market price showing support at 161 $ to 163 $ and touching soon 100 day moving average (blue line) on 4 hour chart. Expect up movement if this happens, supported by bullish crossing of MACD baselines and sideways RSI. Take profit for short term long is 177 $ , stop loss under 160 $.

- open short at 177 $ after head and shoulder formation confirmation. SHS is confirmed if four/five candles close under 180 $ and another important confirmation is if the market price fall and close under neckline , expect fast down movement if this happens.

Good luck to all and enjoy your Sunday :)

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trailing stop reached

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short trade is active now