ETHUSDT price have strong resistence

l’altro ieri

Right now, Ethereum is at the third touch on the descending (resistance) trendline.
Usually, when we reach the third touch, the price tends to fall.

We’re currently below the major resistance level at 4877, and in my opinion, on the monthly and three-month timeframes, the price doesn’t have enough strength to break through this level yet.

A correction is needed before we can break it.
That’s why at the moment, I’m more inclined toward short positions.







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ieri

Trade attivo

time to short