ETH – Bearish Rejection at 1940, Eyes on 1580 Sweep
ETH just printed a strong rejection near 1940 and is rolling over into a deeper pullback.
Why This Level Matters:
Price was cleanly rejected at the 1940 supply and is now breaking structure on the lower timeframes. That MSB (a shift in market structure to the downside) opens the door for a continuation lower into the zones stacked beneath us.
Gameplan / Primary Scenario:
Sell any retest into the 1820–1840 zone as price fills the imbalance from the drop. Once that supply holds, we ride the breakdown toward 1720 first, then extend into the 1580 demand for the full sweep.
If this added value, boost it forward. What are your thoughts?
Swallow Academy
Why This Level Matters:
Price was cleanly rejected at the 1940 supply and is now breaking structure on the lower timeframes. That MSB (a shift in market structure to the downside) opens the door for a continuation lower into the zones stacked beneath us.
Gameplan / Primary Scenario:
Sell any retest into the 1820–1840 zone as price fills the imbalance from the drop. Once that supply holds, we ride the breakdown toward 1720 first, then extend into the 1580 demand for the full sweep.
If this added value, boost it forward. What are your thoughts?
Swallow Academy
Dagangan aktif
First target got hit!
💎 Telegram:
t.me/+fiEDSn7M9pJkODA0
🌎 Website:
swallowteam.com/
🚨Years on charts build the habit of sensing psychological market direction. So far working :)
t.me/+fiEDSn7M9pJkODA0
🌎 Website:
swallowteam.com/
🚨Years on charts build the habit of sensing psychological market direction. So far working :)
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
💎 Telegram:
t.me/+fiEDSn7M9pJkODA0
🌎 Website:
swallowteam.com/
🚨Years on charts build the habit of sensing psychological market direction. So far working :)
t.me/+fiEDSn7M9pJkODA0
🌎 Website:
swallowteam.com/
🚨Years on charts build the habit of sensing psychological market direction. So far working :)
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.