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Short-term selling opportunities on ETH
Ethereum
Short
Short-term selling opportunities on ETH
By ForexTrendline
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Jan 4, 2022
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Jan 4, 2022
ETHUSD is currently in a downtrend on the H1 timeframe.
In the end of last year we saw a downside impulse which led to a consolidation.
Now, we're looking for the end of this pullback and another downside move.
The first target will be 3523$
Right now, price is inside of a sell zone and if we see a breakout above 4000$ then this setup won't be valid.
We will be following the development closely and in case of any changes we will have to adjust our targets!
crypto
Cryptocurrency
ETH
ether
Ethereum (Cryptocurrency)
Supply and Demand
Support and Resistance
Trend Analysis
USD
ForexTrendline
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