ETH/USD: Bearish Channel

By harisonhbn9718
Updated
Etherereum could to forming a bearish channel in H4 timeframe, that perspective could be bearish for Ethereum as Ethereum price it's around of $3,780 USD approx. Now, in the live market, we look a bearish rising wedge in H4 timeframe. Now, if you going in H8 timeframe. There's a track to knowt that we are going to drop based in the price action analysis and move down toward $3,380 USD approx.

So, I'm in short and I thinking today to entry in short position in Ethereum in H4 timeframe.
Trade closed: target reached
11% profit in Ethereum
bearishrisingwedgebearishsetupBeyond Technical AnalysisChart PatternsDescending ChannelEthereum (Cryptocurrency)ETHUSDpriceactionanalysisTrend Analysistrendanalysisexplained
harisonhbn9718

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