#ETHUSDT | 4 HOUR TIMEFRAME UPDATE
🔹#ETHUSDT | 4 HOUR TIMEFRAME UPDATE
After sweeping all the liquidity above $3,525, the price consolidated briefly before dumping aggressively.
In my opinion, this downward trend will persist, making every upward movement on #Ethereum an opportunity to open a short position.
The current #ETH price is $3,175. I'm waiting for the price to reach the range of $3,231 - $3,319, at which point we can look for confirmation to open a short position.
The target for this Downward movement is $3,050 - $2,910 - $2,790 - $2,580 🔽
Invalidation above $3,543 ❌
After sweeping all the liquidity above $3,525, the price consolidated briefly before dumping aggressively.
In my opinion, this downward trend will persist, making every upward movement on #Ethereum an opportunity to open a short position.
The current #ETH price is $3,175. I'm waiting for the price to reach the range of $3,231 - $3,319, at which point we can look for confirmation to open a short position.
The target for this Downward movement is $3,050 - $2,910 - $2,790 - $2,580 🔽
Invalidation above $3,543 ❌
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