Ethereum (ETH) Short trade setup and long if conditions are met.

My last two trades on Ethereum netted 7% and 4%. RIght now Ethereum seems unable to close above the 216 area, while it keeps breaking bear fractals indicating weakness.

Therefore, we may short here with a close stop loss:

Short:
213 USD

Stop Loss:
216.4 USD.

We will trail our profits like the last trade so we may keep our short open if Bitcoin breaks down.