Ethereum / TetherUSShort
ETH -bias short
pair has respected the MA 21 in 30 min and MA 200 also respected indicates bearish move ahead . Resistance respected at 3330 and formed evening star candle in 30 min and 4 hr. as well which is still forming. Bearish engulfer candle in day time frame but also there is MA 200 below which might react i that area.
Weekly time frame shows clear and strong bull trend as its making cup and handle pattern the formation of head and shoulder -with the right shoulder being formed.
Overall pair shows down trend in smaller time frame based on candle patterns and MA .
Hence bias short @ 3275
SL:3327
TP1:3219
TP2:3157
Weekly time frame shows clear and strong bull trend as its making cup and handle pattern the formation of head and shoulder -with the right shoulder being formed.
Overall pair shows down trend in smaller time frame based on candle patterns and MA .
Hence bias short @ 3275
SL:3327
TP1:3219
TP2:3157
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