EthereumShort
1HR EHRUSD: bearish bias
price may continue to go bearish with a possible retest at the fib levels or most likely up at the 1 hr support zone before returning bearish again.
the 1 hr support zone is an important area that has been touched since last week.
however for it goes up, it needs a strong push to retest the 1 HR support.
with daily and 4 hr are showing bearish and price continues to print bearish candles as LHs,
I'd like to see if price will retest 50% of the bearish candle which sits on 0.75 fib level before returning bearish again.
the 1 hr support zone is an important area that has been touched since last week.
however for it goes up, it needs a strong push to retest the 1 HR support.
with daily and 4 hr are showing bearish and price continues to print bearish candles as LHs,
I'd like to see if price will retest 50% of the bearish candle which sits on 0.75 fib level before returning bearish again.
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.