Ethereum
Short

Ethereum - ETHUSD Potential Bearish Movement

210
Ethereum - ETHUSD Potential Bearish Movement

we are waiting for a momentum candle close below 185.0 to sell this one

Reason:
1- Regular Bearish Divergence on MACD (in red)
2- Objective Trendline (in blue)
4- Supply / Round number in purple 200.0 (in purple)

Three confluences are enough to consider Selling ETHUSD, after a break below 185.0 (in gray)

** meanwhile, this one is overall bullish until the sell is activated

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.