ETH bearish momentum 1H
ETHUSDETH broke the 700 support. After some consolidation candles, and a brief upward retracement It should be headed downward to 650 support.
All indicators and MAs showing in the picture are downtrending.
Once bears are exhausted, we should see an uptrend again from point 1, to point 2, possibly until point 3.
Note
ETH price is approaching the 650 support, where we should see condensation.For now, shorting is going as planned
Trade active
Sorry for making another ETH idea, I'll be updating the main chart idea: 
Trade closed manually
Stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.