EthereumShort
ETHUSD Heading down.
Aktualisiert
ETHUSD is exhibiting Bearish market structure on the daily's.
It's currently sitting at a daily supply zone, after having a massive plunge followed by a suspiciously bear flag shaped recovery up to the zone.
The CCI is indicating bearish divergence, we're forming HH's on the 4hrs while volume is dropping, indicating the push is losing momentum.
There's a smaller 4H supply zone inside the daily that we wicked up to and rejected off hard last night.
ETHBTC is also possibly forming a triple top against resistance.
It's currently sitting at a daily supply zone, after having a massive plunge followed by a suspiciously bear flag shaped recovery up to the zone.
The CCI is indicating bearish divergence, we're forming HH's on the 4hrs while volume is dropping, indicating the push is losing momentum.
There's a smaller 4H supply zone inside the daily that we wicked up to and rejected off hard last night.
ETHBTC is also possibly forming a triple top against resistance.
Trade geschlossen: Stop wurde erreicht
Trended around in my Zone for a little. As trader Dante says "It's the drift that will kill you"No real evidence of sellers coming in, no significant rejections or drops out of the market.
In future might take this as a sign to close trade.
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