EthereumShort
ETHUSD H4 CHART
Ethereum is trending in an accending channel and price got rejected in the higher high trend line.
Price also also form an inverted hammer candlesticks right after a long body bearish candestick which give a confirmation of a bearish move towards $1,060.
Mainwhile Ethereum has it own movement, at a worst scenario price might choose to breakout at the higher high channel and continue a bullish move,
If you like my analysis, remember to like, comment and follow for more analysis.
Thank you
Price also also form an inverted hammer candlesticks right after a long body bearish candestick which give a confirmation of a bearish move towards $1,060.
Mainwhile Ethereum has it own movement, at a worst scenario price might choose to breakout at the higher high channel and continue a bullish move,
If you like my analysis, remember to like, comment and follow for more analysis.
Thank you
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