ETHUSD ❕ downward channel
Ethereum is moving in the liquidity zone within the descending channel.
Trading volumes have declined.
Price is above large liquidity.
The reversal signal down from the TD Sequential indicator was ignored (1H TF)
ETH is near the overbought zone of the RSI (30m TF)
I expect that after the retest and fixation under the resistance level, the price will continue downward movement.
Trading volumes have declined.
Price is above large liquidity.
The reversal signal down from the TD Sequential indicator was ignored (1H TF)
ETH is near the overbought zone of the RSI (30m TF)
I expect that after the retest and fixation under the resistance level, the price will continue downward movement.
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