Possible Breakdown for ETH time to short?

8 дек. 2020 г.

We have already tested several times the support of 570's we might now have used up all of the buyers support there and might start a downturn without any support until 500.If we closed just below the ichimokou cloud, we might have confirmation of a new downturn in the short term.

I'm opening a Short position, trying to catch the move, but keeping a tight stop to avoid any sudden upward spikes.

General market sentiment seems to be slightly bearish as buyers seem exhausted from the previous market wide bullrun.

Let's wait and see