ETH ---> Break UpTrend

By Trader1hvldk
Updated
ETH has broken its uptrend line and stabilized below it. Now we have to wait for its pullback to the broken trend line, if we see a suitable CANDEL Pattern, we will enter the selling position.
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It should also be noted that given that ETH recently managed to break a 100-day downtrend, it has not yet pulled back.
So it can be concluded that this failure can be the same pullback to the 100-day downtrend channel, and then we will have a long-term Sharp uptrend.
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People
Be sure to wait for confirmation. Because the market trend is upward.
Order cancelled
Fake Break .
Now the process may go to the Top of the channel. SL below the channel.
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uptrend line once made a FAIL Break, so this could be a sign of a weak uptrend channel.
And I'm still waiting for Pullback to the 100-day downtrend.
breakbreakoutchannelbreakETHEthereum (Cryptocurrency)SELLTrend Analysisuptrend

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