Ethereum / TetherUSShort
#ETH / #USDT : Analysis
hello Traders... Welcome...
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+Notice that we have a bearish pennant pattern on the ETH/USDT 4H chart
And the other thing is that now the uptrend has been broken and the pullback has also been done to it.
So, according to this classic pattern, I think we can have a swing Sell position of Ethereum (of course, if the momentum is strong, it might reach our target quickly)
+Another point is that the upward trend line of Ethereum / Bitcoin has also been broken, which means that Ethereum will fall more sharply compared to Bitcoin.
ETH/BTC 4 CHART :
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+ If you have an opinion, I will be happy to share it with me in the comments
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+ If you "follow", you can always get new information quickly. Please also click "Like".
.
Have a nice day..
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+Notice that we have a bearish pennant pattern on the ETH/USDT 4H chart
And the other thing is that now the uptrend has been broken and the pullback has also been done to it.
So, according to this classic pattern, I think we can have a swing Sell position of Ethereum (of course, if the momentum is strong, it might reach our target quickly)
+Another point is that the upward trend line of Ethereum / Bitcoin has also been broken, which means that Ethereum will fall more sharply compared to Bitcoin.
ETH/BTC 4 CHART :
-------------------------------------
+ If you have an opinion, I will be happy to share it with me in the comments
-------------------------------------
+ If you "follow", you can always get new information quickly. Please also click "Like".
.
Have a nice day..
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