ETHUSDTPotential SELL re-entry at bounce off download channel resistance + fibonacci retracement levels ↘️.
Ethusdtradeidea
ETHUSDt Analysis (short)Hello friends.
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Everything on the chart.
If my markup is correct wave of (5) was finished.It's mean that time for open short-pos. (Guys my chart is pretty clean i hide a lot of indicators,dont talk about it please)
Right now i waiting for correction.
My targets will be in 182$ and 167$ area, further will see. (after reaching the first target, move the stop-loss to breakeven.)
This is an analysis, not a signal, I dont give a point for ur stop loss.(he should depends of ur risk)
unfortunately I have some discrepancy with my expectations on bitcoin, but correction should be.
If something goes wrong or the targets change, I’ll update the idea.
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Good luck.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate. Also open to your suggestions.
Ethereum hitting Resistance with Bearish Signal | ETHUSDEthereum is trading inside an ascending channel for more than a month but there is a main downtrend and this will act as resistance now and there is a main Horizontal Resistance area of 192-200$ and price is near a Pivot Resistance.
So, we can say Ethereum is trading in a very strong Resistance area so a minor correction must occur in this level. RSI bearish Divergence on the Daily and H4 candle signals that the continuation of the uptrend is weakening and we can initiate a short position here.
The downfall target is 175$
