#ETH Short Trading Idea. #Crypto is #BTC

24 нояб. 2020 г.

#Ethereum is loosing his strength. 4H TF indicates bearish divergence. MACD on the same TF also looks topped. Moreover, #ETH is at the mid channel right now, which is a great profit taking area and may act as a resistance. EW technical analysis, which is emitted in this chart, suggest that all five waves are in (which are part of the larger degree wave 3). Therefore, all the above indicates that #ETH is due for a correction.

High risk play!