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CryptoEstratega

ETH: At resistance

Short
Ethereum / TetherUS (BINANCE:ETHUSDT)  
CryptoEstratega  
BINANCE:ETHUSDT   Ethereum / TetherUS
Trend Analysis Harmonic Patterns Chart Patterns ETH ETHUSD Ethereum (Cryptocurrency) ETHUSDT ether ETHEUR ethereumforecast
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trendanalysis harmonicpatterns chartpattern eth ethusd ethereum ethusdt ether etheur ethereumforecast
ETHUSDT looks like is at resistance, 2K seems to be the upper part of the new range.

Further reinforcing the bearish bias:
  • Below the 180 EMA
  • Below the Ichimoku cloud
  • A the end of a downtrend

I don't think ETHUSDT has the strength to breakout of the 2K resistance and a fall down to the lower part of the range (1.4K) is most likely.

Idee correlate

CryptoEstratega
ETH: Shorting resistance
CryptoEstratega
ETH: Still bearish
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