Ethereum/TetherShort
ETH BEARISH SCENARIO
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Price of ETH started seeing it lows after hitting an all time high at the above Major resistance.
ETHUSDT is overall bearish!
ETH also traded on the black uptrend channel, broke bellow and drop to the 1D major support. well, am expecting price to hold at that support a little go for a retest at the lower black trendline that is also between the 0.61 and 0.5 fib and drop again to the major support.
keep in touch for the idea update.
Remember to always follow your trading plan regarding entry, risk and trade management.
Goodluck!
Price of ETH started seeing it lows after hitting an all time high at the above Major resistance.
ETHUSDT is overall bearish!
ETH also traded on the black uptrend channel, broke bellow and drop to the 1D major support. well, am expecting price to hold at that support a little go for a retest at the lower black trendline that is also between the 0.61 and 0.5 fib and drop again to the major support.
keep in touch for the idea update.
Remember to always follow your trading plan regarding entry, risk and trade management.
Goodluck!
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