Ethereum short setup
Entry: $1815
Target (TP): $1762
Stop-Loss (SL): $1833
Let’s break down the trade:
Risk-Reward Ratio
Risk: 1855 – 1815 = 40 points
Reward: 1815 – 1762 = 53 points
Risk-Reward Ratio (RRR) = 53 / 40 = 1.32
This is a moderately good RRR—above 1, so it’s acceptable for short-term trades. Higher RRR (like 1.5 or 2) is usually more favorable.
Pros:
Clear structure with defined entry, TP, and SL.
SL is above a likely resistance zone (safe).
TP is near recent support (realistic).
️ Cautions:
Ethereum can be volatile, especially with upcoming macroeconomic news or BTC movements.
Watch for price action near $1800—if it consolidates there, it could signal indecision.
Consider setting a trailing SL if price moves favorably toward $1780+.