ETH Short- Descending channel
Eth showing a good short at 3750-3790, just like previous run up it failed to find support above this line, indicating a descending channel on the daily.
At first we hit resistance, broke above it, failed to maintain that level and dropped below it again....
Now a possible retest is coming our way.
This gives us a good option for a short, to the mid-line of the channel.
At first we hit resistance, broke above it, failed to maintain that level and dropped below it again....
Now a possible retest is coming our way.
This gives us a good option for a short, to the mid-line of the channel.
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