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.
Note
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.
Note
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.
Note
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.
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