Ethereum (ETH) Analysis & Trade Idea

Bearish, with lots of momentum.
But there is potential for a bounce at current levels.
I present a bearish scenario, as well as a bullish scenario.

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That demand was violated.
I went the 15M for a confirmation entry short. It presented.
Clean.
Yout trade should look something like this.
1:5 RR is the target.

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SL hit for BE.
No loss, no worries.

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My mistake... SL was a bit too tight.
That's the difference between trading crypto and FX pairs. Crypto needs more room to breathe.
Noted.