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2025-02-05 23:50

IndustryTradeCompass: Ethereum Futures Analysis, Feb 5, 25
Current Market Position for ETH Futures Ethereum Futures is trading at $2,813 at the time of this analysis. Unlike typical TradeCompass strategies, where we turn bullish above a specific threshold and bearish below another, today’s approach involves fading the move—essentially betting on a reversal. This decision is based on higher time frame analysis, which suggests price may be contracting or forming a range. Bearish Scenario (Short Trade Setup) Short Entry: $2,913 (only after price first reaches $2,916) Reasoning: $2,916 aligns closely with the 2nd upper standard deviation of yesterday’s VWAP, making it a strong resistance level. We wait for price to touch $2,916 first and then enter short once it moves back down to $2,913. #SeputarTrading #ForexTrick
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TradeCompass: Ethereum Futures Analysis, Feb 5, 25
Indonesia | 2025-02-05 23:50
Current Market Position for ETH Futures Ethereum Futures is trading at $2,813 at the time of this analysis. Unlike typical TradeCompass strategies, where we turn bullish above a specific threshold and bearish below another, today’s approach involves fading the move—essentially betting on a reversal. This decision is based on higher time frame analysis, which suggests price may be contracting or forming a range. Bearish Scenario (Short Trade Setup) Short Entry: $2,913 (only after price first reaches $2,916) Reasoning: $2,916 aligns closely with the 2nd upper standard deviation of yesterday’s VWAP, making it a strong resistance level. We wait for price to touch $2,916 first and then enter short once it moves back down to $2,913. #SeputarTrading #ForexTrick
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